Learn Africa Schedules AGM with Key Votes on Dividend and Board Composition

Learn Africa Plc has announced the details of its upcoming 52nd Annual General Meeting, scheduled to take place on Thursday, 25 September 2025, at the company’s head office in Ikeja, Lagos.

The meeting will begin promptly at 11 a.m. and will cover both ordinary and special business matters, including the presentation of the audited financial statements for the year ended 31 March 2025, declaration of dividends, re-election of directors, and approval of remuneration for non-executive directors.

A key highlight from the corporate action announcement is the proposed dividend of 35 kobo per 50 kobo ordinary share, which, if approved, will be paid on the same day as the AGM—25 September 2025. Shareholders eligible for this dividend must be listed in the company’s register by the close of business on Friday, 12 September 2025. In preparation for this, the register of members and transfer books will be closed from 15 to 19 September 2025.

The company also confirmed that the AGM will be streamed live via YouTube and Zoom, allowing shareholders and stakeholders to participate remotely. Proxy arrangements have been made for those unable to attend in person, with the company covering the cost of stamping duly completed proxy forms.

In line with regulatory requirements, Learn Africa Plc has invited shareholders to nominate candidates for the Statutory Audit Committee and submit questions ahead of the meeting. Directors retiring by rotation—Chief Emeke Iwerebon, Alhaji Hassan Bala, and Mr. Gbolagunte Aiyedun—have offered themselves for re-election.

There are no indications of breaking developments or unexpected changes in this update. The announcement reflects a routine corporate governance process, with all procedures and disclosures aligning with the Companies and Allied Matters Act 2020 and Nigerian Exchange Limited’s Rulebook. The company continues to uphold transparency and shareholder engagement as it prepares for the AGM.