This is to notify shareholders that at the Board of Directors Meeting held on 22 July 2021, the Board approved the appointment of Mr. Faustin Mbundu as an Independent Non-Executive Director as recommended by the Nominating and Remuneration Committee and subject to Shareholder approval, in accordance with the Company’s Articles of Association. The Directors also elected Mr. Mbundu as the next Chairperson of the Board of Directors of MTN Rwandacell Plc.
In line with these Articles and the Law Governing Companies, a written resolution of Shareholders may be passed in lieu of a meeting of Shareholders if passed by shareholders holding at least 75% of shares. To this effect therefore, a signed Shareholder Resolution was received on 20 August 2021 by shareholders holding 80% of shares, approving the nomination and appointment as well as approving and endorsing the election of Mr. Faustin Mbundu as Chairperson of the Board.
MTN Rwandacell Plc
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