Stanbic Uganda Holdings Limited today announced an annual cash dividend of Shs3.13 ($0.00086) per share. The dividend is payable on or before 27 June, 2025, to shareholders whose names appear on the register of shareholders by the book closure date of 6 June 2025.
Appointment and re-election of directors
Stanbic Uganda Holdings also announced the appointment of Norbert Kagoro as an independent non-executive director, in accordance with article 79 of the Articles of Association.
The company, in a statement signed by its company secretary, also announced the re-election of Mr Baker Magunda and Mrs Agnes Asiimwe Konde as independent non-executive directors, in accordance with Article 93 of the Articles of Association.
The following resolutions were also passed:
- Appointment of Ernst & Young Uganda (EY) as external auditors until the next AGM, and authorisation of directors to negotiate and determine their remuneration.
- The fees payable to the independent non-executive directors for the year 2025 were approved.
The shareholders noted the retirement of Mrs Eva Kavuma from the board of Stanbic Bank Uganda Limited. Stanbic Bank Uganda Limited is Uganda’s biggest and most profitable bank, and the anchor subsidiary of Stanbic Uganda Holdings. Mrs Kavuma had served on the board for nine years.
