The 55th Annual General Meeting of Julius Berger Nigeria Plc held on June 19, 2025 at Shehu Musa Yar’Adua Center, 1 Memorial Drive, FTC Abuja, facilitated by the company and their registrars, Greenwich Registrars and Data Solutions. Resolutions from the meeting have since been published and are available to shareholders on the NGX Website.
However, it is surprising to notice that it appears like there was no provision for shareholders who could not make it all the way to Abuja to join in virtually to follow the conversation. Provision was only made for physical attendance and voting through proxies. Do publicly listed companies still do that in this day and age?
If there was one good thing that the world benefited from the last COVID-19 pandemic, it would be the compulsion to have meetings virtually, which then got nicely blended into our way of life afterwards. Several apps were developed and 'rediscovered' to accommodate virtual meetings, and have continued to be in use since then. Many publicly listed companies in Nigeria have also adopted this technology for their Annual General Shareholders Meetings, making provision for both physical and virtual attendance. But it appears that Julius Berger Nigeria PLC and their registrars, Greenwich Registrars may be stuck in their old ways, which essentially deprives shareholders who cannot make it physically their right of attendance virtually.
Julius Berger Nigeria PLC and their Registrars, Greenwich Registrars and Data Solution need to step up their game in this regard, and unstick themselves from the good old physical-only meeting pattern. Their shareholders and interested investors would be grateful if they do. They can take a cue from other publicly listed companies, who make virtual provision on their Youtube or other platforms, or have their registrars make such provisions on their behalf. This is 2025 baby!
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