Madison Financial Services Announces 9th Annual General Meeting
Madison Financial Services Plc (MFS), a leading financial services provider listed on the Lusaka Securities Exchange (LuSE), has announced that its 9th Annual General Meeting (AGM) will be held on 22nd August 2025 at 09:30 hours at the Intercontinental Hotel in Lusaka.
According to a notice issued by Company Secretary Francis Mwale, the AGM will cover key business matters including:
- Adoption of Minutes from the previous AGM held on June 7, 2024.
- Adoption of the Directors’ Report and Financial Statements for the year ending December 31, 2023.
- Appointment of Auditors and authorisation for directors to determine their remuneration.
- Directorate Changes – Dr. Lawrence Sikutwa and Mr. Chitongwa Siame will retire by rotation and are eligible for re-election. The appointment of Mr. Jerry Soko as Director will also be confirmed.
- Special Resolution – Members will consider and vote on a waiver of a mandatory offer following the 2019 share acquisition by ZFI Holdings Limited, which had triggered but did not complete a mandatory offer as required.
- Any Other Business that may properly be discussed at the AGM.
The meeting is open to all shareholders, who may attend in person or appoint a proxy to vote on their behalf. Proxy forms must be submitted at least 48 hours before the meeting.
This notice has been duly approved by the Lusaka Securities Exchange (LuSE), the Securities and Exchange Commission of Zambia, and Madison Financial Services Plc. Investors are reminded that the information contained may be price-sensitive and are advised to consult licensed investment professionals before making decisions.
Stockbrokers Zambia Limited is the sponsoring broker for this announcement. For further details, shareholders and interested parties are encouraged to visit www.sbz.com.zm or contact SBZ directly at +260-211-232456.
