eTranzact Announces Board Changes Following Ownership Transition
The company said the board changes followed a transfer of 5.17 billion shares, or 56.18% of issued shares, to Trademarks Global Concepts Ltd.
- On Tuesday, eTranzact International Plc appointed five new directors following a significant change in the company's majority ownership structure.
- Trademarks Global Concepts Ltd acquired a majority stake, with shares transferred from Access Bank Plc, Meristem Trustees Ltd, and eTranzact Global Ltd.
- Five outgoing directors, including Chuma Ajene and Benjamin Dabra, resigned as the board welcomed Akinwunmi Akinfemiwa, Olatunde Akande, Doron Grupper, Omobola Hollist, and Mustapha Ajenifuja, SAN.
- The Central Bank of Nigeria approved the new appointments, and the company is updating its records with the Corporate Affairs Commission in accordance with regulatory requirements.
- Operating within Nigeria's digital payments industry, eTranzact reaffirmed its commitment to strong corporate governance and operational excellence for shareholders and stakeholders.
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eTranzact announces board changes following ownership transition
eTranzact International Plc has announced changes to the composition of its Board of Directors following the completion of a shareholding transaction that resulted in a change in the Company's majority ownership structure.
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ghanamma.comeTranzact appoints five directors after ownership change
According to the company, the new directors bring experience in corporate leadership, banking, development finance, governance, legal advisory, infrastructure, energy, investment management and business transformation.
eTranzact Unveils New Board After Trademarks Global Concepts Acquires 56.18% Stake
Nigerian electronic payments company eTranzact International Plc has announced a new board following the sale of a 56.18 per cent stake previously held by Access Bank, Accelerex and eTranzact Global to Trademarks Global Concepts. The ownership change marks a significant development in the company’s corporate structure, with the new board bringing together professionals with experience in power sector leadership and international development fina…
ETranzact Gets New Majority Owner As 5.17bn Shares Change Hands
eTranzact International Plc has transferred majority ownership to Trademarks Global Concepts Limited following the acquisition of 5.17 billion ordinary shares, representing 56.18% of the Nigerian payment technology company’s issued share capital. The ownership change comes as eTranzact shares record a sharp recovery on the Nigerian Exchange Limited (NGX) with the stock appreciating by more than […]
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