VFD Group PLC AGM 2026: Dividend, Directors & Audit Outcomes
VFD Group PLC has filed the outcome of its 10th Annual General Meeting held on 26th May 2026 at Radisson Blu Anchorage Hotel, Victoria Island, Lagos. The filing details resolutions passed at the meeting, including the approval of audited financial statements, declaration of a dividend, and governance decisions.
VFD Group PLC notified the Nigerian Exchange Limited of resolutions passed at its 10th Annual General Meeting held physically in Victoria Island, Lagos on 26th May 2026.
Shareholders adopted the Audited Financial Statements for the year ended December 31, 2025, together with the reports of Directors and Auditors. A dividend of 25 kobo per share was declared for the 2025 financial year.
Ms. Omolola Bolusire, retiring by rotation, was re-elected as a Director of the Company. PricewaterhouseCoopers (PwC) was re-appointed as External Auditors in line with Section 401 of the Companies and Allied Matters Act, 2020, with Directors authorised to fix their remuneration for the year ending December 31, 2026.
Five members were re-elected to the Statutory Audit Committee — three shareholder representatives and two board representatives. The remuneration of Non-Executive Directors was fixed at ₦127,880,000 for the year ending December 31, 2026, effective January 1, 2026. Manager remuneration disclosures were referenced on page 174 of the Annual Report per Section 238 of CAMA 2020.
