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First Atlantic Bank PLC has announced that it will hold its 2026 Annual General Meeting (AGM) on Tuesday, April 7, 2026, marking the first such meeting since the bank became a publicly listed company on the Ghana Stock Exchange.
According to a notice issued by the bank, the meeting will be held in person at the Labadi Beach Hotel, specifically at the Omanye Hall, starting at 10:00 a.m.
During the meeting, shareholders will review several important corporate matters, including the bank’s financial performance for the year ending December 31, 2025, dividend considerations, and governance-related decisions involving the board and external auditors.
Key agenda items
Shareholders will examine the Directors’ Report alongside the bank’s audited financial statements for the 2025 financial year, as well as the report prepared by the external auditors.
The AGM will also consider the approval of a final dividend for 2025, subject to clearance from the Bank of Ghana.
Another major agenda item involves the appointment of four Independent Non-Executive Directors to the bank’s board. The proposed appointments include replacements for three retiring independent directors and the addition of a new independent director to strengthen minority shareholder representation and ensure compliance with regulatory requirements. These appointments will also require approval from the central bank.
In addition, shareholders will be asked to authorise the board to determine the remuneration of the bank’s external auditors for the 2026 financial year and to approve the remuneration package for directors for the same period.
The notice announcing the meeting was issued by the Company Secretary, Mark Ofori-Kwafo, on behalf of the board.
Participation and voting arrangements
Shareholders who cannot attend the meeting in person may appoint a proxy to represent them and vote on their behalf. The appointed proxy does not need to be a shareholder.
Voting will generally be conducted by a show of hands unless a poll is requested in line with the provisions of the Companies Act, 2019 (Act 992) and the company’s constitution. Under a poll system, each shareholder present either personally or through a proxy is entitled to one vote per share held.
Attendees will be required to present valid identification before gaining entry to the meeting venue.
The bank also indicated that proxy forms are available on its website and can be submitted to the registrar, Central Securities Depository (GH) Limited, via email, post, or by delivering them directly to the registrar’s office in Accra.
Completed proxy forms must be submitted no later than 10:00 a.m. GMT on March 31, 2026.
First AGM since stock market listing
The upcoming meeting follows the bank’s recent transition into a public company and its listing on the Ghana Stock Exchange.
Trading in the bank’s shares commenced on December 19, 2025, after a largely oversubscribed Initial Public Offering (IPO) in which approximately 101.7 million shares were offered at GH¢7.30 each.
The IPO drew strong interest from both institutional and retail investors and raised roughly GH¢786 million, exceeding the bank’s original target.
The listing was widely viewed as a significant development for Ghana’s capital market, as it ended a period of more than seven years without a new primary listing on the exchange’s main board.
According to the bank, the funds raised from the IPO are expected to reinforce its capital base, support expansion across West Africa, improve working capital, and provide liquidity for existing shareholders.
With the listing now completed, the forthcoming AGM will give shareholders their first formal opportunity to engage with the bank’s leadership as a publicly traded institution.
