FBN Holdings Plc (FBNH) has responded to reports of a call for an Extraordinary General Meeting (EGM) by two of its shareholders, emphasizing that the development does not affect its operations or the services provided by its subsidiaries.
In a statement signed by Company Secretary Adewale L.O. Arogundade, FBN Holdings reassured customers, investors, and stakeholders that measures are being taken to protect the interests of the company and its group entities.
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Photo credit: FirstBank
Source: UGC
The statement reads:
“The attention of FBN Holdings Plc (FBNH or the Company) has been drawn to a media publication regarding the call for an Extraordinary General Meeting (EGM) by two of the Company’s shareholders.
“This matter does not, in any way, impact the operations of the Company, and all businesses within the Group continue to provide uninterrupted services to their customers.
“We assure our valued customers, shareholders, investors, other stakeholders, and the general public that we are taking all necessary steps to protect the interests of the Company and its subsidiaries.
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“The Group’s performance continues to improve, resulting in higher market capitalization, even as we work towards surpassing the regulatory minimum capital well ahead of the deadline.
“Meanwhile, the Registrar and Lead Issuing House are collating returns from all receiving agents concerning the Company’s Rights Issue, which closed on December 30, 2024.
“FBN Holdings and its subsidiaries remain committed to the highest standards of corporate governance.”
Source: Henzodaily.ng