Third Annual general Meeting of stanbic IBTC Ethical fund in Nigeria, Business, classified listing and trade directory

Listing Details

Third Annual general Meeting of stanbic IBTC Ethical fund

NOTICE IS HEREBY GIVEN that Third Annual general Meeting of stanbic IBTC Ethical fund will be held at the Lagoon Restaurant, Ozumba Mbadiwe street Victoria Island, Lagos on Tuesday 21 April 2009 at 11.0� clock in the forenoon to transact the following ordinary business:

1. To receive and consider the Audited financial Statements for the year ended 30 September 2008 and the report of the Manager thereon.

2. To declare a distribution.

3. To consider and if thought fit authorize the Manager to appoint and fix the remuneration of the Auditors for the ensuring year

AND THE FOLLOWING SPECIAL BUSINESS:

4. To consider and if thought fix pass the under �mentioned resolution which will be proposed and passed as a special Resolution:

��That the Financial year � end of the fund shall be changed from 30 September to 31 December of every and shall become effective on December 2009.��

5. To consider and if pass the under �mentioned resolution which will be and passed As a special Resolution

That the Trust Deed dated 04 August 2005 between Stanbic IBTC Asset Management limited and PHB capital and Trust Limited (��the Trust Deed��) as amended as follows:

a. By annulling the first supplemental Trust Deed dated 30 April 2007 to the extent to which it relates to the financial year-end of the fund and reverting to the form and text of the original trust rust Deed dated 04 August 2005previously amended by the said first supplemental Trust Deed.

b. By replacing the existing clause 7 (a)(i) with a new clause 7(a) I which shall read as follows:

"not more than 60% of the total assets of the fund taken at the market value at the time of the investment shall be invested in the shares or debentures of issuers of belonging to any one particular market or industry sector."

C. By replacing the existing clause 7(a) (iii) with a new clause 7 (a) (iii) which shall read as follows:

"the manager shall not make any investment which shall result in more than ten investment which shall result in more than ten percent (10%) of the aggregate value of the Trust property being invested in securities issued by a single company or one group of companies."

BY ORDER OF THE MANAGER

Chidi Okezie

Company Secretary

Stanbic IBTC Asset Management Limited

Notes:

Proxies

1. Only Unitholders are entitled to be represented at the meeting.

A unitholder to attend and vote may appoint a proxy to attend and vote instead of himself / herself / itself. A proxy need not be a Unithoder.

2. A proxy card is attach

LAGOS

View Map

Also listed in:

Events, Seminar & Tickets » Annual General Meetings