Corporate Action
UPDC PLC-NOTIFICATION OF AGM OUTCOME
* Shareholders approved a dividend payment of one kobo per ordinary share for the 2025 financial year, payable to members on the register as of April 22, 2026. * The company was authorized to sponsor the establishment of the "UPDC Real Estate Investment Fund" (REIF), a real estate investment vehicle with a fund size of up to ₦100,000,000,000. * Shareholders ratified the re-election of Non-Executive Directors Mr. Oluwole Oshin and Mr. Adeniyi Falade, and appointed new members to the Audit Committee.
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