Shareholders of John Holt Plc have approved a series of corporate resolutions at the company’s 64th Annual General Meeting held virtually on Tuesday, May 26, 2026.
During the meeting, shareholders received and adopted the company’s audited financial statements for the year ended September 30, 2025, alongside the reports of the directors, auditors and audit committee.
Shareholders also approved the re-election of Christopher Ikechi Ezeh and Adeche Boyi Okeje as directors of the company following their retirement by rotation.
The re-election of Chief Christopher Ikechi Ezeh was specifically approved notwithstanding his age above 70 years, in line with applicable corporate governance requirements.
At the meeting, shareholders authorised the board to fix the remuneration of the company’s independent auditors for the new financial year.
The remuneration of managers was also disclosed to shareholders during the AGM.
In addition, shareholders approved the election of Chief Olu Akanni, Samuel Mpamugo and Christopher Nwaguru as shareholder representatives on the statutory audit committee. They will serve alongside Adimabua Jibunoh until the conclusion of the next annual general meeting.
Shareholders further approved the remuneration of non-executive directors for the financial year ending September 30, 2026.
The company also secured shareholder approval for a general mandate authorising it to transact with related parties and interested persons in compliance with the rules of the Nigerian Exchange Limited governing related-party transactions.