11Plc unveils new growth plans after leadership change
11Plc is set to pursue expansion and improve profitability following a recent leadership transition. Acting Managing Director Osagie Ogedegbe addressed shareholders at the company’s 48th Annual General Meeting in Abuja, outlining strategies for business growth and operational efficiency. He emphasized a commitment to professionalism, innovation, and customer-focused operations. Shareholders approved a dividend payout and expressed optimism about the company’s future.
TLDR
- Osagie Ogedegbe, acting Managing Director, made his first public appearance at the 48th Annual General Meeting.
- The company plans to expand its market share, grow revenue, and improve profitability.
- Management will focus on operational efficiency, service delivery, and business diversification.
- Shareholders approved a dividend payout of N9.50 per share for the financial year ended December 31, 2026.
- Shareholders praised the board for consistent dividend payments and pledged continued support for growth initiatives.
