INITIATES : NOTICES OF BOARD MEETING (BM) - NOTICE
June 29, 2023 at 03:17 am EDT
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WASTE MANAGERS & INDUSTRIAL CLEANERS
THE INITIATES PLC
RC266755
Port Harcourt, Rivers State; 27th June 2023
NOTICE OF THE 47TH MEETING OF THE BOARD OF DIRECTORS OF THE INITIATES PLC
NOTICE IS HEREBY GIVEN that the 47th Meeting of the Board of Directors of The Initiates Plc. (the Company) will be held on Wednesday, the 12th day of July, 2023 by 10:00am to consider among other things:
The Company's Growth Strategy;
Audit Committee Report & Adoption/approval of the Quarter 2, 2023 Unaudited Financial Statements for the Period ended 30 June 2023 (2023 Q2 UFS); and
The Management's Report.
Accordingly, in compliance with Nigerian Exchange Limited's post listings requirements, The Initiates Plc. has declared the commencement of a closed period for trading in its shares from 1st of July, 2023 and shall remain until 24 hours after the Company's 2023 Q2 UFS is announced to the Market.
Consequently, no Director, persons discharging managerial responsibilities, Audit Committee Members, Advisers, Consultants and Employees, with insider information or their connected persons shall deal directly or indirectly in the securities of The Initiates Plc. during this closed period.
For: The Initiates Plc.
Olaide Odejobi
Company Secretary
ANOSIKEH.J.O (CHAIRMAN)
OSSAI,R.M (CEO/ MD)
Plot 400, Location (New) Road
OBOH,C.A (NON-EXECUTIVE)
Off Aba/PH Express Rd, By Oyigbo Junction
Prof.ALIKOR, E.A.D (NON-EXECUTIVE)
Umuebule 5(502103)
EBINUM J. (NON-EXECUTIVE)
P.O. Box 7242
Dr. BASSEY,DOROTHY(INDEPENDENT NON-EXECUTIVE)
Port Harcourt
Phone +234 84 669510
www.initiatesgroup.com
EMAIL:wms@initiatesgroup.com
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Initiates plc published this content on 29 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 June 2023 07:16:06 UTC.
The Initiates Plc specializes in waste management and industrial cleaning services for the private and public sectors as well as the oil and gas industries. Net sales break down by activity as follows:
- thermal desorption services (45%): diagnosis and identification of waste, contaminated soil treatability assessment, etc.;
- waste processing, recycling and disposal services (32.3%: drill cuttings, oily waste, electrical and electronic equipment waste, hazardous waste, chemical waste, etc.;
- industrial cleaning and decontamination services (19.2%): cleaning of industrial and professional premises, cleaning of pipes and sewers, emptying and cleaning of ships, etc.;
- development and operation of waste management and waste disposal units (3.5%): landfills, treatment and recovery units, incinerators, thermal desorption plants, wastewater treatment units, etc.
THE INITIATES PLC 
