MobileMoney Fintech Ltd (MMFL), the operator of MTN Mobile Money services in Ghana, has announced that it will hold an Extraordinary General Meeting (EGM) on Friday, June 12, 2026, to seek shareholder approval for key corporate governance decisions, including the appointment of new directors, dividend payments and the ratification of its external auditor.
The virtual meeting is scheduled to begin at 11:00 a.m. GMT and will be accessible to shareholders through a dedicated online platform.
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According to a notice issued by the company, shareholders will be asked to approve the appointment of six directors, subject to approval by the Bank of Ghana.
The proposed appointments include Modupe Kadri, Serigne Dioum, Adekunle Benjamin Awobodu and Antoinette Kwofie as Non-Executive Directors; Susan Yawson as Executive Director; and Bashirat Odunewu as Independent Non-Executive Director.
The EGM will also consider a proposal to approve a dividend payment of GHS0.03 per share for the first quarter ended March 31, 2026.
In addition, shareholders will be asked to authorize the Board of Directors to declare and pay dividends for the second and third quarters of the 2026 financial year.
Another key item on the agenda is the ratification of the appointment of Ernst & Young (EY) as the company’s external auditor, as well as authorization for the Board to determine the auditor’s remuneration for the 2026 financial year.
MMFL said arrangements have been made to ensure broad participation by shareholders, including those without smartphones.
Shareholders may join the meeting online or through a dedicated telephone conferencing system. Voting during the EGM will be conducted electronically via the online platform or through a USSD channel.
The company disclosed that unique access tokens have already been distributed to shareholders via email and SMS to facilitate secure participation and voting.
Under Ghana’s corporate governance framework, shareholders who are unable to attend the meeting may vote through a proxy by submitting completed proxy forms to the Central Securities Depository (CSD) before the stipulated deadline.
The EGM comes as MobileMoney Fintech continues to strengthen its governance structures following the completion of the structural separation of MTN Ghana’s mobile money business and its evolution into a standalone fintech entity.
The meeting is expected to provide shareholders with an opportunity to approve strategic governance decisions while positioning the company for continued growth in Ghana’s rapidly expanding digital financial services sector.
