MobileMoney Fintech LTD (MMFL) has convened an Extraordinary General Meeting (EGM) for Friday, June 12, 2026, at 11:00 a.m., where shareholders will consider a number of key corporate governance and financial resolutions, including the appointment of new directors and the approval of a dividend payout.
The meeting, which will be held virtually, is expected to focus on strengthening the company’s leadership structure and advancing shareholder value as MMFL continues to expand its position in Ghana’s digital financial services sector.
A major item on the agenda is the proposed appointment of six directors to the company’s board, subject to approval by the Bank of Ghana.
The nominees are Mr. Modupe Kadri, Mr. Serigne Dioum, Mr. Adekunle Benjamin Awobodu and Mrs. Antoinette Kwofie as Non-Executive Directors, Ms. Susan Yawson as an Executive Director, and Mrs. Bashirat Odunewu as an Independent Non-Executive Director.
Shareholders will also be asked to approve a dividend of GH¢0.03 per share for the first quarter ended March 31, 2026, reflecting the company’s commitment to rewarding investors.
In addition, the board is seeking authorization to declare and pay dividends for the second and third quarters of the 2026 financial year.
The EGM will further consider the ratification of the appointment of Ernst & Young (EY) as the company’s external auditor and authorize the board to determine the auditor’s remuneration for the 2026 financial year.
The proposed resolutions come at a time when MMFL continues to play a central role in Ghana’s rapidly growing mobile money ecosystem, providing digital payment and financial services to millions of customers across the country.
To facilitate broad participation, the company has made arrangements for shareholders to attend the meeting electronically through a dedicated online platform.
MMFL indicated that access to the virtual meeting will be free for shareholders using MTN’s network in Ghana, with reimbursement arrangements available for any inadvertent data charges incurred.
Shareholders without smartphones will also be able to participate through a designated telephone conferencing platform.
According to the notice, all shareholders are entitled to attend and vote at the meeting.
Those unable to participate directly may appoint proxies to vote on their behalf in accordance with applicable regulations.
Voting on the resolutions will be conducted electronically through the online platform or via a dedicated USSD channel, ensuring that shareholders can participate regardless of their location.
The EGM is expected to provide shareholders with an opportunity to shape the company’s governance framework and financial direction as MMFL pursues its growth strategy in Ghana’s increasingly competitive fintech industry.
