MobileMoney Fintech Ltd has summoned its shareholders and qualifying beneficiaries to an Extraordinary General Meeting (EGM) scheduled for Monday, December 1, 2025, as the company seeks approval to proceed with a major corporate merger.
The meeting will take place in-person at the University of Professional Studies, Accra (UPSA) Auditorium, with a simultaneous virtual session streamed live via https://momofintechegm.com/ beginning at 11:00 a.m. GMT.
According to the company, the hybrid meeting format is intended to give every eligible participant within and outside Ghana a convenient and secure avenue to take part in deliberations and vote on two key resolutions that will determine the future direction of the business.
Two resolutions to define company’s path
The EGM will consider one ordinary resolution and one special resolution.
The ordinary resolution seeks shareholder approval for a waiver of the fairness report as required under section 247(2) of the Companies Act, 2019 (Act 992).
The special resolution asks shareholders to approve the proposed merger in accordance with section 243(5) of Act 992. The merger details, rationale and legal framework are explained in a circular distributed ahead of the meeting.
Company officials say both resolutions are critical to enabling MobileMoney Fintech Ltd to complete the transaction smoothly and in full compliance with corporate governance and regulatory requirements.
Wide access to virtual participation
Shareholders and qualifying beneficiaries may join the meeting physically at UPSA or connect remotely through the livestream platform.
Participation through the online link will be free for all MTN subscribers in Ghana.
MTN has also pledged to reimburse any eligible participant who incurs unintended data charges while joining the proceedings.
Participants without smartphones are also catered for.
They may dial +233 244 300 025, enter access code 8000, or use conference pin 056789 to join the meeting via audio.
To facilitate seamless access, the company has issued unique token numbers to all shareholders and qualifying beneficiaries via email and SMS.
Registration at the UPSA venue will begin at 9:00 a.m.
Proxy voting options available
Shareholders and qualifying beneficiaries unable to attend may vote by proxy, in line with provisions of Ghana’s Companies Act. Proxy forms are available for download on https://momofintechegm.com/ and may be completed, signed, and submitted via email to info@csd.com.gh or deposited at the Central Securities Depository (CSD).
All proxy submissions must be completed at least 24 hours before voting begins.
Joint shareholders are required to ensure each holder signs the proxy form.
For those participating on the day of the meeting, voting will be conducted electronically—either through the online platform or via USSD short code *899*0#.
Individuals who do not submit proxy forms before the meeting may still vote using their unique token numbers.
Rights of dissenting beneficiaries
A comprehensive circular has been prepared and published on the event website, providing background information on MobileMoney Fintech Ltd and the full terms of the proposed merger.
It includes the rationale behind the merger, expected benefits, obligations, and details relevant to shareholders and qualifying beneficiaries.
Importantly, the circular explains the rights of dissenting beneficiaries and the procedures for exercising their appraisal rights under Ghanaian law.
Company open to enquiries ahead of vote
For more information, shareholders and qualifying beneficiaries are encouraged to contact the registrar via info@csd.com.gh or call any of the dedicated phone lines: +233 (0) 54 582 3198, +233 (0) 54 582 2865, or +233 (0) 54 582 2920.
The December 1 meeting is expected to be a pivotal moment for MobileMoney Fintech Ltd, as shareholders weigh the implications of the proposed merger and decide whether the company should proceed with one of its most significant corporate actions to date.
