Eveready East Africa Ltd will be electing a new director on Thursday 9th August 2012. According to a notice posted by the Company’s Secretary Mr. Issa Timamy on July 7th 2012, the elections are bound to be conducted in Menengai Hall, Merica Hotel in Nakuru when the company will be holding its 45th Annual General meeting.
Mr. Paul Scott is bound to retire on rotation but is nevertheless offering himself for re-election in accordance with article 91 of the Company’s Articles of Association which render him eligible. Ms. Catherine Ngahu who was elected on July 1, 2012 to fill a casual vacancy is also offering herself for election as well. It has an extensive network of associates and distributors whose support for its business in East Africa forms a far-reaching network to ensure that the company meets the power and shaving requirements of people all over East Africa. So far the company has 16 domestic distributors whilst 3 are export distributors.
East Africa Batteries limited is the company’s major shareholder, 73,806,929 (35.15% of holdings). Centum Investment Company Limited possesses 36,553,575 (17.42% holdings) shares with Energizer International Inc. bearing 22,061, 559 shares (10.51% holdings).
The Eveready East Africa Ltd plant is based in Nakuru and is one of the largest battery factories in Africa with a capacity of over 200 million pakapower batteries annually and a workforce of close to 250 people. The company’s main brands include Eveready, Energizer and Schick which are recognized world over for their distinct quality.