University Press Plc AGM 2026: Dividend, Board Changes Approved

University Press Plc (UPL) has disclosed the resolutions passed at its 48th Annual General Meeting, held on Thursday 24th September 2026 at Kakanfo Inn & Conference Centre, Ibadan, Oyo State. The filing was submitted to the exchange on 25th September 2026.

Members approved the audited financial statements of the company for the financial year ended 31st March 2026, along with the Directors' Report, Auditor's Report, and Audit Committee's Report.

A dividend of 18 kobo per share was declared for the financial year ended 31st March 2026.

On board composition, three Non-Executive Directors — Arc. Ayodeji Olorunda, Mr. Yomi Adewusi, and HRM Josephine Diete-Spiff — were re-elected. The appointment of Maj-Gen. Daniel Danjuma Kitchener (Rtd) as Independent Non-Executive Director, effective 1st August 2026, was also ratified by members.

Shareholders elected three representatives to the Statutory Audit Committee: Mr. Ayuba Quadri Yemi, Mrs. Utere Inibong Obot, and Mr. Folowosele Michael Oludare. HRM Dr. Josephine A. Diete-Spiff and Prof. Tracie Chima Utoh-Ezeajugh will represent the Board on the Committee.

Directors were also authorised to fix the remuneration of the auditors in line with Section 408 of the Companies & Allied Matters Act 2020, and Non-Executive Directors' remuneration was approved under special business.