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Family Bank listing by introduction soon!
Rank: Member Joined: 4/14/2011 Posts: 639
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BGL wrote:Read the EGM advert for more info.....
NOTICE OF THE EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE EXTRAORDINARY GENERAL MEETING OF THE SHAREHOLDERS OF FAMILY BANK LIMITED WILL BE HELD ON FRIDAY 5TH AUGUST 2011, AT HILTON HOTEL AT 10.00 A.M. TO TRANSACT THE FOLLOWING BUSINESS
1. Confirmation of quorum.
2. To read the notice convening the meeting.
3. To approve the listing of the Bank’s shares at the Nairobi Stock Exchange by introduction.
4. To approve an amendment of the memorandum and articles of association of the Bank to incorporate an Employee Share Option Plan (ESOP) to eligible employees as per the trust deed and the limit of which is to be negotiated and approved by the Board.
5. That the shareholders approve the allotment of new shares to the Managing Director amounting to 1% of the Bank’s shareholding as per the terms of engagement.
6. Any other Business
11th July 2011 By Order of the Board Company Secretary P.O. Box 74145-00200 NAIROBI >What went down at Hilton today?any wazua who was there can share with us
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Member Joined: 4/14/2011 Posts: 639
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FUNKY wrote:http://www.nation.co.ke/business/news/-/1006/1214162/-/4kiwixz/-/index.html Help me understand this;the article says it wil list after private placement and goes on to say it wil list through private placement.Does this make sense?Anyway the article is erroneus on many counts;it says that the 24.9% was sold at 1.2bn instead of 108 million!
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Family Bank listing by introduction soon!
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