C & I Leasing Plc has announced that its board of directors will seek shareholder approval to invest in Leasafric Logistics Ltd, with the goal of acquiring a 71.15% direct ownership stake.
The proposed investment was disclosed in the company’s notice ahead of its 34th Annual General Meeting (AGM), scheduled for September 8, 2025, where it will be presented alongside other key resolutions for shareholder approval.
According to the disclosure, the 71.15% stake corresponds to 711,500 ordinary shares in Leasafric Logistics Ltd and will be funded from C & I Leasing’s portion of the 2023 dividend declared by Leasafric Ghana Plc.