MobileMoney Fintech LTD has announced plans to seek shareholder approval for a dividend payment of GHS0.03 per share for the first quarter ended March 31, 2026, as the company moves ahead with post-merger restructuring and governance changes.

The company disclosed in a notice issued on May 18, 2026, that an Extraordinary General Meeting (EGM) will be held virtually on June 12, 2026, at 11:00 a.m. GMT. During the meeting, shareholders will also consider resolutions related to new board appointments and the ratification of external auditors following the merger between MobileMoney LTD and MobileMoney Fintech LTD.

Under the proposed resolution, shareholders will be asked to approve the board’s recommendation of a first-quarter dividend of GHS0.03 per share, which was approved by the board on April 27, 2026. If approved, this would become the first quarterly dividend payout under the newly merged entity.

The company is also seeking shareholder authorisation for the board to declare and pay dividends for the second and third quarters of the 2026 financial year. According to the notice, this arrangement is intended to give the board greater flexibility to make regular distributions to shareholders during the year.

As part of the post-merger integration process, shareholders will also vote on the appointment of six directors who previously served on the board of MobileMoney LTD. Their appointments remain subject to approval by the Bank of Ghana.

The proposed directors are Mr Modupe Kadri, Mr Serigne Dioum, Mr Adekunle Benjamin Awobodu, and Mrs Antoinette Kwofie as Non-Executive Directors, Ms Susan Yawson as Executive Director, and Mrs Bashirat Odunewu as Independent Non-Executive Director.

The company explained that the appointments are aimed at maintaining continuity in governance and ensuring that the merged company benefits from the experience of the previous MobileMoney LTD board.

In addition, shareholders will be asked to ratify the appointment of Ernst & Young (EY) as the company’s external auditor for the 2026 financial year. The board is also requesting approval to determine the auditor’s remuneration.

The EGM will be conducted virtually through an online platform, while shareholders without smartphones will be able to participate through a dedicated phone line. Shareholders are expected to receive unique access tokens via SMS or email ahead of the meeting.

Voting on all resolutions will be conducted electronically through the online platform or via a USSD code accessible on all mobile networks.