A dividend is a profit given or shared to the owners of a particular company (shareholders) as profit payment and they are usually paid when a company keeps a portion of its earnings to reinvest in the prospect of its business when approved by the shareholders at the Annual General Meeting.

Kindly download our e-mandate form on our website or contact us by e-mail, registrars@apel.com.ng to request for a mandate form, fill out the form and drop at any branch of your bank or bring the original copy to our office.

If your warrant is stale or stolen, kindly visit our website to download our e-mandate form complete the downloaded form, drop at any branch of your bank or contact us at registrars@apel.com.ng.

It is possible. All banks in Nigeria now access the NIBSS E-dividend Portal where your executed E-dividend form makes it stress-free to receive your dividend payment into your bank account once it is approved by the Registrars or the bank. Please visit our website to download our e-mandate form complete the downloaded form, drop at any branch of your bank or contact us at registrars@apel.com.ng.

By way of traditional scrip scheme, the cash dividend is not paid to holders instead shares are allotted to participating holders and share certificates sent to them on the payment date.

The warrant is no longer in use. Kindly visit our website to download our e-mandate form complete the downloaded form, attached the old warrant and drop at our office or with your stockbrokers.

Dividend are a portion of a company’s profit that is paid to the shareholders, that is, the owners of the company and its varies in their amount depending on how profitable the company is, while Interest is paid by the company on money it has borrowed and is usually paid in arrears at the rates and times specified in accordance with the terms and conditions.

Kindly call our office line to speak with any of our customer care ,register on our shareholder portal myapel.com or send an email to registrars@apel.com.ng.

Share certificates are no longer issued. Shares owned are dematerialized into your stockbroking account with Central Securities Clearing System (CSCS). Please contact us or your stockbroker

Share certificates are no longer issued. See your stockbroker or visit CSCS to obtain your stock position.

Kindly take the certificate to your stockbroker for dematerialization into CSCS account.

The first step is to get a stockbroker and open a CSCS account where the certificate will be lodged and after which your sale mandate can be issued to the stockbroker.

Kindly provide and bring to our office the following listed documents
1. 2 copies of the death certificate.
2. 2 copies of the letter of administration/probate (original required for sighting)
3. All original share certificates and dividend warrants still in your possession.
4. 2 copies of the will where applicable or a certificate of additional assets obtained from the probate division of High Court if the letter of administration does not indicate that the deceased acquired shares in any company.
5. Original Banker’s Confirmation of signature of the administration (s) duly authenticated by the bank.
6. Valid identification of the administrator(s).
7. Newspaper publication of Gazette. (Note: In case you cannot bring these documents to our office, an authority letter can be given to your stockbroker to submit all these documents on your behalf which must be sighted and stamped by the broker.)

Kindly see your stockbroker.

Kindly see your stockbroker.

Yes, it’s possible. Kindly visit our website to download Consolidation form or see your stockbroker.

Kindly visit our website. registrars@apel.com.ng.

Kindly write a letter to us indicating the old and the new address with your signature or visit our website and download the change of address form.

Please visit our office with the original copy of your sworn court affidavit, marriage certificate (in case of marriage), valid ID, newspaper publication. (Note: In case you cannot bring these documents to our office, an authority letter can be given to your stockbroker to submit all these documents on your behalf which must be sighted and stamped by the broker.)

Kindly visit our website and download correction of name form complete it and forward to us for necessary action.

BCR simply means Bankers Confirmation of signature required from your banker confirming your current signature to us.

General Meetings: Most limited companies are required to hold an annual general meeting (AGM) of shareholders where decisions are taken on the company’s business. The main business of the AGM is repeated every year and it includes accepting the company’s accounts for the year and fixing the proportion of a company’s profits that will be paid back to shareholders as a dividend and any other business that benefit the company.

AGM (Annual General Meeting) is done yearly while EGM (Extra General Meeting) is an unpredicted event or decision that need immediate action.

Yes, it’s possible, through our online voting on the day of AGM, or you can appoint someone as your proxy. Please complete the proxy form and dispatch to our office 48 hours before the meeting.

Kindly download shareholder information update form on our website, complete and forward to us.

Kindly download shareholder information update form on our website, complete and forward to us.