Notice is hereby given that An Extraordinary General Meeting (EGM) of the fully paid-up members of Madison Financial Services PLC will be held on Thursday 4th May 2023 commencing at 10:00 hrs. The EGM proceedings will be conducted by Tele-conference via the link provided below;
https://eagm.creg.co.zw/eagm/Login.aspx
All Shareholders are encouraged to make arrangements to register and participate in the EGM proceedings via the video link provided.
The EGM is being convened for the purposes of transacting the following business;
1. To consider the passing of a Special Resolution to waive the Disclosure Requirements under Section 9 of the Lusaka Securities Exchange Listing Rules for the intended transfer of assets of Madison Asset Management Company Limited (MAMCo), assets identified and pledged in the pending Scheme of Arrangement (SoA) between Madison Asset Management Company Limited (MAMCo) and its Fixed Income Fund Creditors.
2. Following the approval of Resolution 1 above, to consider the passing of a Special Resolution to transfer the Madison Asset Management Company Limited (MAMCo) Assets identified and pledged in the pending Scheme of Arrangement between Madison Asset Management Company Limited (MAMCo) and its Fixed Income Fund Creditors. The Assets will be transferred into a Fund to be created under MAMCo’s Collective Investment Scheme.
A member entitled to attend and vote at the meeting is entitled to appoint a proxy to attend, speak and on a poll, vote in his/her stead. Proxy forms are obtainable from the Company Secretary and must be lodged at the Registered Office of the Company at LSA House, 316, Independence Avenue, Lusaka, Zambia.