CUTIX Notifies of Extraordinary General Meeting Date

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Notice is hereby given that an Extraordinary General Meeting of Cutix Plc will be held at the Company’s Head Office (Training Room, 3rd Floor), 17, Osita Onyejianya Street, Umuanuka, Otolo Nnewi, Anambra State on Thursday, February 25, 2021 at 10 a.m. to transact the following business:

Special Business
1 To consider, and if thought fit, pass the following as ordinary resolutions:

a. “That the Authorised Share Capital of the Company be and is hereby increased from 1,435,801 696(One Billion, Four Hundred and Thirty Five Million, Eight Hundred and One Thousand, Six Hundred and Ninety Six Naira Only) divided into 2,871,603,392 ordinary shares of 50 Kobo each (Two Billion, Eight Hundred and Seventy-One Million, Six Hundred and Three Thousand, Three Hundred and Ninety-Two Ordinary Shares of 50 Kobo each) to N1,935,801,696 (One Billion, Nine Hundred and Thirty Five Million, Eight Hundred and One Thousand, Six Hundred and Ninety-Six Naira Only) divided into 3,871,603,392 ordinary shares of 50 Kobo each (Three Billion, Eight Hundred and Seventy-One Million, Six Hundred and Three Thousand, Three Hundred and Ninety Two ordinary shares of 50 Kobo each) by the creation and addition thereto of 1,000,000,000 ordinary shares of 50 Kobo each (One Billion additional Ordinary Shares of 50k each) ranking in all respect, pari-passu with the existing Ordinary Shares of the Company”.

b. “That the Company’s Memorandum and Articles of Association be amended to reflect the changes authorised by the foregoing resolution”.

c. “That the Directors be and are hereby authorised to do all acts and to approve, sign and/or execute all documents, appoint such professional parties and advisers, seek approval and comply with the directives of the relevant regulatory authorities, perform all such other acts and do all such other things as may be necessary or incidental to, or deemed appropriate to giving effect to the above resolution without being required to seek any further consent or approval of the members or otherwise to the end and intent that the members shall be deemed to have given approval thereto expressly by the authority of the above resolutions”.

Notes:
1.Compliance with Covid-19 Directives and Guidelines
Shareholders are hereby informed that attendance and conduct of the meeting shall be in line with the guidelines, directives and regulations of the Federal Government of Nigeria, the Nigerian Centre for Disease Control (NCDC) and Anambra State Government on safety and health measures against COVID-19 pandemic.

2.Proxy
A member of the Company entitled to attend and vote at the EGM is entitled to appoint a proxy to attend and vote instead of him/her at the meeting.

A Proxy Form which may be used to make such appointment can be downloaded on the Company’s website at www.cutixplc.com.ng.

Executed Proxy Forms should be deposited at the office of the Company’s Registrar, Crescent Registrars Ltd – 23, Olusoji Idowu Street, Ilupeju, Lagos, (behind Mutual Benefit Insurance Head office) or via email to info@crescentregistrars.com not less than 48 hours before the time of the meeting.

For the instrument of proxy to be valid for the purposes of this meeting, it must be completed and duly stamped by the Commissioner of Stamp Duties.

3.Live Streaming of the EGM
The EGM will be streamed live. This will enable shareholders and other stakeholders who will not be attending the meeting physically to follow the proceedings. The link for the EGM livestream would be made available on the Company’s website at www.cutixplc.com.ng.

  1. Right of Shareholders to Ask Questions
    Pursuant to Rule 19.12 (c) of the Nigerian Stock Exchange’s Rulebook 2015, it is the right of every Shareholder to ask questions not only at the meeting but also in writing prior to and after the meeting. Please send all questions to secretariat@cutixplc.com.ng.

  2. Website
    A copy of this Notice and other information relating to the meeting can be found at www.cutixplc.com.ng