Details of Mechanical Lloyd Company Plc.

Company Profile

SymbolMLC
Company NameMechanical Lloyd Company Plc.
Stated CapitalGH2,771,486
Security
Nature of BusinessEXCLUSIVE AGENTS FOR THE SALE AND SERVICING OF BMW CARS AND MOTOR CYCLES, FORD VEHICLES, MASSEY FERGUSON AGRICULTURAL MACHINERY AND DELPHI PRODUCTS IN GHANA
Date Incorporated7 AUGUST 1970
Comments
Date Listed10 MAY, 1994
Registered OfficeNo. 2 Adjuma Crescent, Ring Road West, South Industrial Area, Accra
Postal AddressP.O. BOX 2086, ACCRA
Tel233-302-229312/229318
Fax233-302-227366/229399
Emailenquiries@mechlloyd.com
Websitewww.mechanical-lloyd.com
Types of Traded Securities
Issued Shares(GH) (mil.)50.10
Authorised Shares100 MILLION
DirectorsMR. TERENCE RONALD DARKO - CHAIRMAN, MRS. KALYSTA DARKO-O’KELL - MANAGING DIRECTOR, J. N. HYDE JR - DIRECTOR, E. K. ANNOBIL - DIRECTOR, YAW ASSAH-SAM - DIRECTOR, ANDREW LAWSON - DIRECTOR, KOFI ASAMOAH - DIRECTOR, KWESI AMONOO-NEIZER - DIRECTOR
Change of NameMechanical Lloyd Company Ltd
Comments

Press Releases

April 2017

MLC has released its Annual Report and Financial Statements for the year ended 31st December, 2016 as per the attached.

Issued in Accra, this 18th day of  April, 2017.

May 2016

Final Dividend

MLC announces that the Company’s Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GH¢0.01 per share in respect of the 2015 financial year.

Qualifying date

All shareholders registered in the books of MLC at the close of business on Wednesday, June 15, 2016 will qualify for the dividend.

Closure of Register

The Register of shareholders will be closed from Thursday, June 16, 2016 to Friday, June 17, 2016 (both dates inclusive).

Ex-Dividend Date

The ex-dividend date has been set as Monday, June 13, 2016. Consequently, an investor purchasing MLC shares before this date will be entitled to the dividend. However, an investor buying MLC shares on or after Monday, June 13, 2016 will not be entitled to the final dividend.

Dividend Payment Date

The dividend will be paid from Friday, July 15, 2016.

Issued in Accra, this 23rd day of May, 2016.

MLC announces that the Company’s 25th Annual General Meeting will be held at the Accra International Conference Centre, Accra on Monday, June 16, 2016 at 11:00 am.

Issued in Accra, this 10th day of  May, 2016

November 2015

Interim Dividend
MLC announces an Interim Dividend of GH¢0.02 per share in respect of its 2015 financial year.

Qualifying date
Members registered in the books of MLC at the close of business on Wednesday, December 2, 2015 will qualify for the payment of the interim dividend.

Closure of Register
The Register of shareholders will be closed on Thursday, December 3, 2015.

Ex-Dividend Date
The ex-dividend date has been set as Monday, November 30, 2015. Consequently, an investor purchasing MLC shares before this date will be entitled to the interim dividend.  However, an investor buying MLC shares on or after Wednesday, November 30, 2015 will not be entitled to the interim dividend.

Dividend Payment Date

The interim dividend will be paid on Tuesday, December 8, 2015.

Issued in Accra, this 9th day of  November, 2015.

May 2015

MLC announces that the Company’s 23rd Annual General Meeting will be held on Tuesday, 16th June, 2015 at 11:00 am at the Ghana College of Physicians and Surgeons to transact the following business:

AGENDA
1. To receive and consider the Reports of the Directors and the Auditors and the Financial Statements of the Company for the year ended December 31, 2014.

2. To re-elect the following as Directors retiring by rotation:

i. Mr. Andrew Lawson
ii. Mr. Yaw Assah-Sam
iii. Mr. Kwesi Amonoo-Neizer

3. To authorize the Directors to fix the remuneration of the Auditors.


Issued in Accra, this 22nd
day of May, 2015

July 2014

MLC has released its un-audited Financial Statements for the half year ended June 30, 2014 as per the attached.



Issued in Accra, this 29TH
day of July, 2014

June 2014

MECHANICAL LLOYD CO. LTD (MLC) wishes to inform the investing public that at the Twenty-Second Annual General Meeting of the Company held on June 24, 2014, Mr. Napoleon K. Bulley and Mr. Charles S. Aidoo retired as Non-Executive Directors of the Company.

Mr. Joseph Hyde Jnr, Mr. Edward K. Annobil and Mrs. Kalysta Y. Darko-O’Kell were elected by the shareholders as Executive Directors effective June 24, 2014. Brief Profile of the new directors is attached.



Issued in Accra, this 29th
day of April, 2014
Final Dividend
MLC has announced that the Company’s Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GH¢0.010 per share in respect of the 2013 financial year.

Qualifying date
All shareholders registered in the books of MLC at the close of business on Wednesday, June 25, 2014 will qualify for the dividend.

Closure of Register
The Register of shareholders will be closed from Thursday, June 26, 2014 to Friday, June 28, 2013 (both dates inclusive).

Ex-Dividend Date
The ex-dividend date has been set as Monday, June 23, 2014. Consequently, an investor purchasing MLC shares before this date will be entitled to the dividend. However, an investor buying MLC shares on or after Monday, June 23, 2014 will not be entitled to the final dividend.

Dividend Payment Date
The dividend will be paid from Monday, July 21, 2014.


Issued in Accra, this 4th
day of June, 2014

May 2014

MLC announces that the Company’s 22nd Annual General Meeting will be held on Tuesday, 24th June, 2014 at 11:00 am at the Accra International Conference Centre to transact the following business:

AGENDA
1. To receive the Report of the Directors and the Auditors and the Financial Statements of the Company for the year ended December 31, 2013.

2. To declare a final dividend.

3. Retirement of Directors: Mr. Napoleon K. Bulley and Mr. Charles S. Aidoo

4. To elect the following as Directors

i. Mr. Joseph Hyde Jnr.
ii. Mr. Edward K. Annobil
iii. Mrs. Kalysta Y. Darko-O’Kell

5. To authorize the Directors to fix the remuneration of the Auditors.


Issued in Accra, this 28th
day of May, 2014

September 2013

MLC has released the attached announcement for the information of the general investing public.


Issued in Accra, this 20th
day of September, 2013

June 2013


Final Dividend
MLC has announced that the Company’s Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GH¢0.015 per share in respect of the 2012 financial year.

Qualifying date
All shareholders registered in the books of MLC at the close of business on Tuesday, June 25, 2013 will qualify for the dividend.

Closure of Register
The Register of shareholders will be closed from Wednesday, June 26, 2013 to Friday, June 28, 2013 (both dates inclusive).

Ex-Dividend Date

The ex-dividend date has been set as Friday, June 21, 2013. Consequently, an investor purchasing MLC shares before this date will be entitled to the dividend. However, an investor buying MLC shares on or after Friday, June 21, 2013 will not be entitled to the final dividend.

Dividend Payment Date
The dividend will be paid from Friday, July 19, 2013.


Issued in Accra, this 3rd
day of June, 2013.

May 2013

MLC announces that the Company’s 21st Annual General Meeting will be held on Thursday, June 20, 2013 at the Accra International Conference Centre at 11:00 am.

Issued in Accra, this 28th
day of May, 2013

May 2011

Dividend
MLC has announced that its Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GH¢0.006 per share.

Qualifying date
All shareholders registered in the books of MLC at the close of business on Tuesday, June 21, 2011 will qualify for the dividend of GH¢0.006 per share if approved at the Annual General Meeting.

Closure of Register
The Register of shareholders will be closed from Wednesday, June 22, 2011 to Friday, June 24, 2011 (both dates inclusive).

Ex-Dividend Date
The ex-dividend date has been set as Friday, June 17, 2011. Consequently, an investor purchasing MLC shares before this date will be entitled to the dividend. However, an investor buying MLC shares on or after Friday, June 17, 2011 will not be entitled to the final dividend.

Dividend Payment Date
If approved at the AGM, the dividend will be paid on Tuesday, July 26, 2011.


Issued in Accra, this 27th
day of May, 2011

May 2010

Dividend
MLC has announced a Final Dividend of GH¢0.0045 per share in respect of its financial year ended December 31, 2009.

Qualifying date
All shareholders registered in the books of MLC at the close of business on Tuesday, June 22, 2010 will qualify for the dividend of GH¢0.0045 per share which would be approved at the Annual General Meeting.

Closure of Register
The Register of shareholders will be closed from Wednesday, June 23, 2010 to Friday, June 25, 2010 (both dates inclusive).

Ex-Dividend Date
The ex-dividend date has been set as Friday, June 18, 2010. Consequently, an investor purchasing MLC shares before this date will be entitled to the dividend. However, an investor buying MLC shares on or after Friday, June 18, 2010 will not be entitled to the final dividend.

Dividend Payment Date
The final dividend of GH¢0.0045 per share will be paid on Friday, July 30, 2010.

Annual General Meeting
The Annual General Meeting will be held on Tuesday, June 29, 2010 at Accra Internal Conference Center at 11.00am.


Issued in Accra, this 27th
day of May, 2010.

April 2010

MLC has released its Audited Financial Statements for the year ended December 31, 2009 as per the extracts attached.


Issued in Accra, this 1st
day of April, 2010


CLICK HERE TO VIEW DETAILS

February 2010

MLC has announced the appointment of Ms. Johanna Kuukua Awotwi as a Non-Executive Director of the Company with effect from January 29, 2010.

Ms. Awotwi holds an LLB degree in Law from the University of Ghana. She was admitted to the Ghana Bar in October 2002.

She is currently the Deputy Superintendent of Immigration at the Ghana Immigration Service. She has previously worked as an Assistant State Attorney at the Attorney General’s Department, Koforidua from November 2002 to July 2003 and as a Legal Practitioner at a private law firm from September 2003 to January 2006.


Issued in Accra, this 15th
day of February, 2010.

July 2009

MLC has released its un-audited half-year results for June 30, 2009, as per the attached.


Issued at Accra, this 10th
day of July, 2009.


CLICK HERE TO VIEW DETAILS

MLC has announced that Mr. Y. M. Sarpong, a non-Executive Director on the Board of the company since 1994 has resigned from the Board with effect from June 1, 2009.




Issued at Accra, this 9th
day of July, 2009.

Financial Statements

May 2018

MLC has released its un-audited Financial Statements for the first quarter ending 31 st March, 2018 as per the attached.

Issued in Accra, this 4 th day of May, 2018.

April 2018

MLC has released its Annual Report and Financial Statements for the year ended December 31, 2017 as per the attached.

Issued in Accra, this 30 th day of April, 2018

November 2017

MLC has released its un-audited Financial Statements for the third quarter ending September 30, 2017 as per the attached.

Issued in Accra, this 2nd day of November, 2017.

May 2017

Results

MLC has released its 2016 Annual Report and Financial Statements.

Annual General Meeting

MLC announces that the Company’s 25th Annual General Meeting will be held at the Accra International Conference Centre, Accra on Tuesday, June 20, 2017 at 11:00 am.

Issued in Accra, this 30th day of  May, 2017

Attachment

April 2017

MLC has released its Annual Report and Financial Statements for the year ended 31st December, 2016 as per the attached.

Issued in Accra, this 18th day of  April, 2017.

November 2016

MLC has released its un-audited Financial Statements for the third quarter ending September 30, 2016 as per the attached.

Issued in Accra, this 8th day of  November, 2016.

July 2016

MLC has released its un-audited Financial Statements for the half year ended June 30, 2016 as per the attached.

Issued in Accra, this 29th day of  July, 2016.

 

May 2016

MLC has released its un-audited Financial Statements for the first quarter ending 31st March, 2016 as per the attached.

Issued in Accra, this 6th day of  May, 2016.

April 2016

MLC has released its Annual Report and  Financial Statements for the year ended 31st December, 2015 as per the attached.

Issued in Accra, this 15th day of  April, 2016.

November 2015

MLC has released its un-audited Financial Statements for the third quarter ending September 30, 2015 as per the attached.

Issued in Accra, this 30th day of  October, 2015.

July 2015

MLC has released its un-audited Financial Statements for the half year ended June 30, 2015 as per the attached.


Issued in Accra, this 31st day of July, 2015.

May 2015

MLC has released its un-audited Financial Statements for the first quarter ending 31st March, 2015 as per the attached.


Issued in Accra, this 4th
day of May, 2015.

March 2015

MLC has released its audited Financial Statements for the year ended 31st December, 2014 as per the attached.


Issued in Accra, this 31st
day of March, 2015.

May 2014

MLC has released its un-audited Financial Statements for the first quarter ending 31st March, 2014 as per the attached.


Issued in Accra, this 2nd
day of May, 201

April 2014

MLC has released its annual Financial Statements for the year ended December 31, 2013 as per the attached.



Issued in Accra, this 29th
day of April, 2014

August 2013

MLC has released its un-audited Financial Statements for the half year ended June 30, 2013 as per the attached.


Issued in Accra, this 2nd
day of August, 2013

October 2012

MLC has released its un-audited Financial Statements for the third quarter ending September 30, 2012 as per the attached.


Issued in Accra, this 25th
day of October, 2012

April 2012

MLC has released its Annual Report and Financial Statements for the year ended December 31, 2011, as per the attached.


Issued in Accra, this 13th
day of April, 2012

April 2010

MLC has released its un-audited Financial Statements for the first quarter ending March 31, 2010 as per the attached.

Issued in Accra, this 29th
day of April, 2010


CLICK HERE TO VIEW DETAILS

Market News & Information

January 2014

The Ghana Stock Exchange in 2013 experienced another outstanding performance of listed equities since its establishment in 1990. The GSE Composite Index which measures the performance of the entire market went up by 78.81%, obviously one of the best in Africa. In US dollar ($) terms it was up by 55% second to Malawi in Africa. The exceptional 2013 performance was buoyed largely by increased investor awareness and good operating results of many of the listed companies supported by the renewed investor confidence in the Ghanaian market and economy.
 

Statistics