NOTICE IS HEREBY GIVEN THAT the Twenty Third (23) Annual General Meeting of People’s Leasing & Finance PLC will be held on 31 July 2019 at 3.30pm at People’s Bank Staff Training College Auditorium, 11th Floor, People’s Leasing Building, No. 7, Havelock Road, Colombo 5 for the following purposes:
It is hereby resolved that a final dividend of cents fifty (Rs.0.50) be distributed in the form of scrip amounting to total sum of Rupees Seven hundred eighty nine million nine hundred and thirty one thousand two hundred and forty one (Rs.789,931,241), and the method of distribution would be as follows:
It is further resolved that the shares issued under the scrip dividend be listed on the Colombo Stock Exchange subject to in principle approval of the Colombo Stock Exchange.
It is further resolved that the remaining balance arising from the aggregation of the residual fractions (“fractional shares”) consequent to the scrip dividend be contributed to charities and other donations in line with the Corporate Social Responsibility Policy of the Company.
According to Section 55 of the National Audit Act No. 19 of 2018, People’s Leasing & Finance PLC falls under the definition of “Auditee Entity” and the Auditor General or any person authorised by the Auditor General shall carry out the audit of the Company.
By Order of the Board,
People’s Leasing & Finance PLC
21 June 2019
Any member entitled to attend and vote at this meeting is entitled to appoint a proxy to attend and vote in his/her stead. A Form of Proxy is sent herewith for this purpose.
A proxy need not be a member of the Company.
The completed form of proxy must be deposited at the office of the Registrars to the Company, SSP Corporate Services (Private) Limited at No. 101, Inner Flower Road, Colombo 3, not less than forty eight (48) hours before the time appointed for the holding of the meeting.
Colombo, on this 21 June 2019.