• Sunday, April 14, 2024
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PZ Cussons says over 60,000 shareholders have unclaimed dividends

SEC rejects PZ Cussons minority shareholders buy-out, delisting plans

PZ Cussons Nigeria Plc has notified its shareholders of over 60,000 unclaimed dividends, urging them to come forward and claim their entitlements.

The consumer goods firm said it published the list of unclaimed dividends on its website in lieu of publishing it in the newspapers due to the number of shareholders yet to claim their dividends.

“This is to notify our esteemed Shareholders that the list of unclaimed dividends for PZ Cussons Nigeria Plc ( the company) has been published and can be accessed on our investors’ portal via this link: https://www.pzcussons.com/investors/nigeriainvestors/,” a statement from PZ Nigeria said.

“We implore affected members to contact the Registrars, First Registrars & Investor Services Limited, Plot 2, Abebe Village Road, Iganmu, Lagos, P.M.B 12692, Marina Lagos or via email at [email protected]. We request our shareholders to kindly update their records and advise the Registrars of their updated information, including their bank account details for the payment of their dividends,” it added.

Lamido Yuguda, director-general of Securities and Exchange Commission, in August this year, noted that unclaimed dividends in Nigeria were in the region of N190 billion.

“We are working very hard to ensure we reduce the number of unclaimed dividends and this is why we are upgrading the e-dividend portal with NIBSS to restore investors’ dividends and reduce unclaimed dividends and we reiterate that every person, who has come to the capital market and invested money, should be able to get his dividends as and when due.” he said.