Page 21 - Learn Africa 2021 Annual Report

Learn Africa Plc
Directors’ Report (cont’d)

For the year ended 31 March 2021

Directors’ interest in shares
The interests of the Directors in the issued share capital of the Company as recorded in the Register
of Directors’ Shareholdings and/or as notified by them for the purpose of Sections 301 and 302 of the
Companies and Allied Matters Act 2020, and the listing requirements of the Nigerian Stock Exchange
are as follows:

Direct holdings

S/N Name Direct holdings
1 Chief Emeke Iwerebon 81,968,155
2 Alhaji Hassan S. Bala 200,500
3 Mr Frederick E. Ijewere 5,401,990
4 Hajia Binta Bakari -
5 Mrs Yetunde Aina -
6 Mrs Egbichi Akinsanya -

7 Mr Iyinoluwa Aboyeji -
8 Mr Gbolagunte Aiyedun 200,000
9 Mrs Cordelia Isioma Ojeile 181,017

Indirect holdings

S/N Name Registered shareholder Shareholding
1 Chief Emeke Iwerebon First Nationwide Limited 15,200,289
2 Mr Frederick E. Ijewere Ebako & Company Limited 35,441,404
3 Hajia Binta Bakari Estate of Bakari Shehu Usman Alhaji 21,878,696

Directors’ interest in contracts
In accordance with Section 303 of the Companies and Allied Matters Act 2020, no Director notified
the Company of any interest in any contracts in which the Company was involved in the ordinary
course of business during the year under review.

Acquisition of own shares
The Company has not purchased any of its own shares during the year under review.

21