NOTICE AND AGENDA OF ANNUAL GENERAL MEETING

Notice is hereby given that the Twenty-Sixth Annual General Meeting of Trust Bank will be held on 4th July 2024 at 3.00 p.m. at the Ocean Bay Hotel for the following purposes: 

Ordinary Business

Ordinary Resolutions 

1. To receive and adopt the Annual Report and Consolidated Accounts for the year ended 31st December 2023. 

2. To declare a final dividend of 45 bututs (forty-five bututs) per share for the year ended 31st December 2023. 

3. To re-elect Directors: 

  • Mrs. Angela Andrews-Njie 
  • Mr. Saloum Malang 
  • Mrs. Haddy Sallah 

4. To ratify the appointment of the following Director:  

  • Mr. Katakyie Ofori-Atta

5. To approve the remuneration of Directors: – 

6. To appoint PKF as Auditors of the Bank until the conclusion of the next Annual General Meeting. 

7. To authorize the Board to determine the remuneration of the Auditors. 

8. To transact any other business appropriate to be dealt with at any Annual General Meeting. 

 

Special Resolutions

  1. To increase authorised share capital from GMD200M to GMD500M. 
  2. To authorize the Board to transfer up to GMD300M from its Profit and Loss and Statutory Reserves accounts to stated capital subject to Central Bank of The Gambia approval in order to increase the Bank’s stated capital by the year 2025 to a minimum of GMD 500M as prescribed by the Central Bank of the Gambia.
  3. To authorize the Board to distribute 300 million bonus shares to existing shareholders on a pro-rata basis. 
  4. To delist from the Ghana Stock Exchange. 
  5. To commence listing on The Gambia Capital Market. 

Proxy

A member entitled to attend and vote at the Annual General Meeting is entitled to appoint a proxy to attend and vote instead of him/her. A proxy need not be a member of the Company. A blank proxy is attached to the Annual Report. 

 

Final Dividend and Closure of Register

Trust Bank is pleased to announce the payment of final dividends for the year 2023.

All members in the Register of shareholders as at close of business on Tuesday 2nd July 2024 will qualify for the final dividends. The register of shareholders will be closed on Wednesday 3rd July 2024.

FURTHER NOTICE is also given that only the shareholders registered in the Register of Members of the Company at the close of business Tuesday 2nd July 2024 will qualify for the payment of the final dividend in respect of the financial year ended 31st December 2023 to be approved at the Annual General Meeting to be held on Thursday 4th July 2024.

 

Dividend warrants can be collected from the Bank’s Head Office on 3-4 Ecowas Avenue, Banjul effective Friday 5th July 2024 between the hours of 8 a.m. and 1 p.m. 

By Order Of The Board