This archive report was first published on 17 August 2021.
East African Breweries Limited (EABL) will hold its Annual General Meeting (AGM) virtually on September 14th, 2021. The company plans to change its name from 'East African Breweries Limited' to 'East African Breweries Plc' during the meeting.
Investors will also re-elect retiring board members who are eligible for re-election. Directors up for re-election include Ory Okolloh, Dayalan Nayager, Martin Oduor-Otieno, and John Ulanga.
During the meeting, EABL will re-appoint PricewaterhouseCoopers (PwC) LLP as Auditors for the current financial year and authorize the Board to fix the auditor's remuneration for the ensuing financial year.
According to EABL, investors must register for the virtual meeting by September 12th to participate.
For the year ending June 2021, EABL reported a net profit of KSh6.96 billion, a marginal drop. Due to the unpredictable economic environment, EABL directors failed to recommend a dividend for the financial year.
