Haldane McCall’s Group MD, Edward Akinlade, sells 11.5 million unusual shares value N60 million

This info was communicated in a director’s dealings printed on the Nigerian Change (NGX) and signed by the corporate secretary, Oyewole Olurin. 

In line with the report, the shares have been offered at N5.22 on April 9, 2025, underneath the identification code NGHMCALL0004.  

Following this transaction, Dr. Akinlade now holds 1,523,753,796 unusual shares, down from 1,535,253,796 shares beforehand. 

This accounts for 48.81% of the corporate’s whole shares of three,122,000,000 as of December 31, 2024, reflecting a lower from his earlier holding of 49.18%. 

Efficiency overview 

Haldane McCall Plc printed its audited monetary outcomes for the fiscal 12 months 2024, reporting a pre-tax revenue of N1.01 billion.  

This determine represents a 168.44% improve from the pre-tax revenue of N377.8 million recorded in fiscal 12 months 2023, pushed by a rise in income. 

For the 12 months ended 2024, Haldane McCall Plc’s income rose to N3.6 billion, which is a 109.50% improve from N1.7 billion within the earlier 12 months.  

• A good portion of this income got here from the sale of land and buildings, accounting for 73.4% at N2.6 billion, whereas lodge income contributed 19.2% at N699.8 million.  

• Different revenue sources, together with service fees, miscellaneous income, and hire, made up 4.9%, 1.9%, and 0.4%, respectively. 

Working revenue elevated by 168.44% year-over-year to N1 billion, in comparison with N377.8 million within the earlier 12 months.  

• This rise in working revenue contributed to increased pre-tax earnings of N1 billion, benefiting from the absence of finance prices.  

• The post-tax revenue determine reached N679.6 million, displaying a 164.49% improve from N256.9 million in 2023. 

Last Dividend announcement 

In early March, Haldane McCall PLC declared a closing dividend of 0.07 kobo per 50 kobo unusual share, topic to relevant withholding tax, payable solely to registered shareholders.  

The corporate introduced that dividends shall be disbursed electronically on Friday, April 25, 2025.  

As said, “Dividends shall be paid electronically to shareholders whose names seem on the Register of Members as of Monday, March 31, 2025, and who’ve accomplished the e-dividend registration.”  

• This closing dividend pertains to the interval ended December 31, 2024.