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NIC Group FY17
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Quote:Dividend and Bonus Share
The Board has resolved to recommend to the shareholders for their approval at the forthcoming Annual General Meeting, scheduled for 25th May 2018:
a) the payment of a first and final dividend for the year of Shs 1.00 per ordinary share, which will be payable to the shareholders registered on the Company’s register at the close of business on 30th April 2018. Upon receipt of shareholders’
approval, the dividend will be paid on or immediately after 25th May 2018; and
b) subject to regulatory approval, the issuance of bonus shares of one (1) new fully paid up bonus share of par value Shs 5.00 for every ten (10) ordinary shares of par value Shs 5.00 to be issued to the shareholders registered on the Company’s register at the close of business on 30th April, 2018. Upon receipt of the requisite approvals, shareholders will be credited with the bonus shares on or immediately after 25th May 2018. The Bonus shares will not be entitled to receive any dividend declared and approved for the year.
Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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NIC Group Plc Complete FY18 ResultsPesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 4/21/2015 Posts: 151
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Loans and advances decrease while fees and commissions on the same increase.Are they not related? The bonus is a plus.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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AndyC wrote:Loans and advances decrease while fees and commissions on the same increase.Are they not related? The bonus is a plus. Non-funded income [higher commitment fees, etc] Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 10/7/2010 Posts: 251 Location: nairobi
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Who can provide us with the investor presentation....please
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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madebe wrote:Who can provide us with the investor presentation....please
NSE website under company announcements Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/20/2008 Posts: 503
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madebe wrote:Who can provide us with the investor presentation....please
https://www.nic-bank.com...17-Investor-Briefing.pdf
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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xxxxx wrote:[quote=madebe]Who can provide us with the investor presentation....please
https://www.nic-bank.com...7-Investor-Briefing.pdf[/quote] Thanks In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Next time we expect the link from you
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Quote:PUBLIC ANNOUNCEMENT
NOTICE OF RESIGNATION AND APPOINTMENT OF DIRECTORS
Following the recently concluded restructuring of the NIC Group and in accordance with the Capital Markets Authority Code of Corporate Governance Practices for Issuers of Securities to the Public and the Central Bank of Kenya Prudential Guidelines on Corporate Governance, the Board of Directors of NIC Group PLC (the Company) hereby announces the resignation of the following Directors:
1. Mr. Fredrick M. Mbiru
2. Mr. Francis N. Mwanzia
3. Ms. Isabela Ochola-Wilson
4. Mr. Kairo Thuo
5. Mr. Alan J. Dodd
The Directors will continue to serve the Group on the Board of the Company's subsidiary, NIC Bank Kenya PLC.
The Board of Directors of the Company is please to announce the appointment of Mr. Philip Lopokoiyit, Jonathan Somen as Independent Non-Executive Directors and Mr. David Abwoga as an Executive Director of the Company with effect from March 21, 2018 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Mr. Philip Lopokoiyit  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Mr. Jonathan Somen  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Mr. David Abwoga  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Off we go "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Finally it takes off.... In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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All the best
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 3/20/2008 Posts: 503
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This one will most likely fall back to where it was after books closure date.
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Rank: Member Joined: 4/21/2015 Posts: 151
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xxxxx wrote:This one will most likely fall back to where it was after books closure date. Enjoying the ride now  whatever will be, will be.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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xxxxx wrote:This one will most likely fall back to where it was after books closure date. we will have put something in the pocket but i doubt ,you mean I wait at 33 where I boarded? "Don't let the fear of losing be greater than the excitement of winning."
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