Tripple Gee to pay final dividend, appoints new MD

Tripple Gee and Company Plc has resolved to pay a final dividend of 5 kobo per ordinary share of 50 kobo to its shareholders for the financial period ended Sunday, March 31, 2019. The decision was made at the company’s recently held 29th Annual General Meeting (AGM). 

The dividend had earlier been announced to be paid to shareholders whose names appeared on the Register of Members as at Friday, August 30, 2019. 

During the AGM, the shareholders of Tripple Gee approved the appointment of Adebimpe Giwa as the company’s new Managing Director.  

What you should know: Giwa, the wife of the late founder and Managing Director of the company, Chief Gbadebo Giwa, is an astute administrator with many years of experience, having worked in various sectors like the oil and gas, packaging and security printing, import and export. 

Giwa had served as the company’s General Manager (packaging) between 2007 and 2014. She left Tripple Gee in 2014 to manage AN-BOS Nigeria Limited, a trading company with a penchant for the supply of raw materials to Unilever Plc, Nasha Limited and Dala Foods. 

She is a graduate of English from the Lagos State University and has a master’s degree in public administration from the same varsity. She also obtained another master’s in marketing from St. Edward’s University, United States of America. 

Giwa returned to Tripple Gee as an Executive Director after the demise of the founder in 2018. 

According to a statement by the company, Giwa’s being at the helm of affairs of the company saw an increase in turnover by 149% within the first six months, with the trend growing.

About the company: Tripple Gee is a manufacturer of financial instruments, secure and commercial documents, labels and flexible packaging materials. 

The company is currently trading 57 kobo on the Nigerian Stock Exchange (NSE). 

Source: Nairametrics

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