Guaranty Trust Bank Plc is to hold its annual general meeting with attendance by proxy in observance of the Lagos State government’s directive of not more than 25 persons at any social gathering or event in the aftermath of the outbreak of coronavirus pandemic.
In a letter to its shareholders, the bank said it approached the regulators to seek a way out of the problem created by the coronavirus outbreak and its request was granted by the Corporate Affairs Commission to hold the AGM with attendance by proxy to minimise social contact.
“To this end, shareholders are encouraged to appoint proxies to represent them at the meeting, as the Company would abide by the Lagos State government directive of not having more than twenty-five (25) people in a gathering (or any other number as may be permitted at the date of the meeting).
“Thus, as a law-abiding corporate citizen, the number of people that would be allowed into the venue of the AGM will be restricted to the number the Lagos State Government permits for social/public gatherings as at the date of the Meeting”, the bank said.
The bank said the measures taken take take into consideration the provisions on quorum for the meeting, as quorum can be achieved either by physical attendance or by proxy.
Shareholders are advised to appoint proxies and send the duly completed proxy form(s) to the Registrar, Datamax Registrars Limited, No. 2c, Gbagada Express Road, Gbagada Phase 1, Lagos State, or via email to datamax@datamaxregistrars.com, not less than 48 hours before March 30, 2020.
“The annual general meeting would also be streamed live on the Bank’s website and Shareholders are encouraged to log in to observe proceedings.
“The shareholders who are able to attend the AGM would be properly screened at the security points and be required to undergo safety/health measures as directed by the Nigeria Centre for Disease Control and the Lagos State Ministry of Health”, it said.
