Notice is hereby given that a Special Meeting of AfrAsia Bank Limited will be held at the offices of the Company, 4th Floor, NexTeracom Tower III, Cybercity, Ebene, Mauritius on Thursday 5th April 2018 at 10.00 hrs to transact the following business in the manner required for the passing of a SPECIAL RESOLUTION and an ORDINARY RESOLUTION.

 

AGENDA

• First Special Resolution
  1. To consider and approve, subject to the unconditional approvals of the regulators, the recommendation of the Board of Directors to offer up to 6,944,444 ordinary shares at the issue price of MUR 72.00 per share to existing ordinary shareholders registered in the books of the company on 2nd April 2018 (Rights Issue) in accordance to the Information Memorandum dated 1st March 2018.
  
  
  
• First Ordinary Resolution
  1. To authorise the directors to allocate any excess ordinary Shares. This allocation, if any, is to be at the directors’ discretion (as to the number of shares allocated, the beneficiaries of any allocation, or otherwise) in accordance with the Information Memorandum.

 

BY ORDER OF THE BOARD
IBL Management Ltd I Company Secretary I 1st March 2018

NOTE:
Notice of Meeting, Proxy Form and Information Memorandum are available on the Company’s website: www.afrasiabank.com

A member of the Company entitled to attend and vote at this meeting may appoint a proxy (whether a member or note) to attend ant vote on his behalf.

The instrument appointing a proxy, to be effective, shall be duly signed and deposited with the ABL's Share Registry Agent, DTOS Ltd at 10th Floor, Standard Chartered Tower, 19 Cybercity, Ebene, Mauritius not less than twenty four hours before the time appointed for the holding of the meeting.