Page 22 - Learn Africa 2021 Annual Report
P. 22

Learn Africa Plc
            Directors’ Report (cont’d)
            For the year ended 31 March 2021



            Analysis of shareholding as at period ended 31 March 2021


                 Range                                 No. of holders   Holders %    Units         Units %

                1         -      1,000                    1,567         18.81           553,215      0.07

                1,001    -      5,000                     1,388         16.66         3,631,655      0.47
                5,001      -     10,000                   2,341         28.11       17,699,769       2.29

                10,001      -      50,000                 2,203         26.45       46,526,103       6.03
                50,001       -      100,000                 396          4.75       28,178,267       3.65

                100,001       -      500,000                295          3.54       60,006,880       7.78

                500,001        -      1,000,000               46         0.55       34,978,983       4.53
                1,000,001       -      5,000,000              64         0.77      141,268,605     18.31

                5,000,001        -      10,000,000            13         0.16       91,046,395      11.80
                10,000,001       -      771,450,000           16         0.19      347,560,128     45.05

                                                          8,329        100.00      771,450,000  100.00
            Property, plant and equipment
            Information relating to changes in property, plant and equipment during the year is given in Note 8 to
            the financial statements. In the opinion of the directors, the market value of the Company’s property,
            plant and equipment is not less than the value shown in the financial statements.

            Corporate social responsibility
            As an integral part of the Nigerian society playing varied roles as an employer, partner, tax payer
            and competitor, the Company  impacts society through various means including the Learn Africa
            Education  Development Foundation, a non-profit making organisation committed to the growth and
            development of schools and education through the provision of educational infrastructure.

            Human resources development
            Employment of  physically  challenged persons
            The Company continued to maintain its policy of non-discrimination in considering applications for
            employment and other industrial relations matters.

            Health, safety and welfare of workers
            The Company takes the health, safety and welfare of its employees very seriously, with a strong
            conviction that a healthy workforce will always be highly productive. Top health care providers have
            been carefully selected to look after the health care needs of employees and their dependants. We
            comply with relevant statutory provisions and regulations on health, safety and welfare matters.


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