Caverton Offshore Support Group’s 15th AGM Resolutions
On October 24, 2024, Caverton Offshore Support Group Plc (COSG) held its 15th Annual General Meeting (AGM), during which the following key resolutions were passed:
1. The 2023 financial statements were approved.
2. Mr. Bashiru Bakare, Mr. Akin Kekere-Ekun, and HRM Edmund Maduabebe Daukoru were re-elected as Non-Executive Directors.
3. Directors were authorized to determine the 2024 auditors’ remuneration.
4. Managerial remuneration was disclosed to members.
5. New members were elected to the Audit Committee, including shareholder representatives Mr. Adetola Abiodun Atekoja, Mr. Friday Ejere Odigue, and Mr. Hakeem Shagaya, with Non-Executive Directors Mr. Akin Kekere-Ekun and Chief Raymond Ihyembe representing the Board.
Special Business:
• Directors’ remuneration for 2024 was set at N2 million per Director and N3 million for the Board Chairman.
• Approval was granted for recurrent transactions essential for daily operations with related companies, per Nigerian Exchange rules.
On October 24, 2024, Caverton Offshore Support Group Plc (COSG) held its 15th Annual General Meeting (AGM), during which the following key resolutions were passed:
1. The 2023 financial statements were approved.
2. Mr. Bashiru Bakare, Mr. Akin Kekere-Ekun, and HRM Edmund Maduabebe Daukoru were re-elected as Non-Executive Directors.
3. Directors were authorized to determine the 2024 auditors’ remuneration.
4. Managerial remuneration was disclosed to members.
5. New members were elected to the Audit Committee, including shareholder representatives Mr. Adetola Abiodun Atekoja, Mr. Friday Ejere Odigue, and Mr. Hakeem Shagaya, with Non-Executive Directors Mr. Akin Kekere-Ekun and Chief Raymond Ihyembe representing the Board.
Special Business:
• Directors’ remuneration for 2024 was set at N2 million per Director and N3 million for the Board Chairman.
• Approval was granted for recurrent transactions essential for daily operations with related companies, per Nigerian Exchange rules.