Digicut Production and Advertising PLC (Digicut) has announced its Fifth Annual General Meeting (AGM) will take place virtually on Tuesday, December 16, 2025, at 10:00 in the morning, with proceedings to be streamed live for shareholders.
The Accra based advertising and media production company, which is publicly listed on the Ghana Stock Exchange (GSE), will present its financial statements for the year ended December 31, 2024, to shareholders for review and approval. The company secretary, Credibilis Unlimited, issued the formal notice to all registered shareholders.
The AGM agenda includes receiving the chairman’s report on the Board of Directors’ activities during the year. Shareholders will also consider the directors’ report, statement of accounts and balance sheet for the 2024 financial year, along with the auditors’ report on those financial statements.
Directors’ remuneration for the period will be determined by shareholders at the meeting. Additionally, shareholders will authorize the directors to fix the auditors’ remuneration for the year ending December 31, 2025.
According to the notice, shareholders unable to attend the virtual meeting may appoint a proxy to attend and vote on their behalf. The proxy does not need to be a member of Digicut Production and Advertising PLC. Proxy forms were enclosed with the company’s accounts distributed to shareholders.
Completed proxy forms must be submitted to the company secretary at Credibilis Unlimited, located at No. 5, Mozambique Link, North Ridge, Accra. Alternatively, shareholders may lodge their proxy forms with the Central Securities Depository (Ghana) Limited, 4th Floor, Cedi House, Ridge, Accra. The deadline for proxy form submission is December 9, 2025.
Digicut operates as a full service advertising agency and public relations consultancy. The company’s business activities include graphic design, advertising, event planning and consultancy services, event management, marketing, public relations, PVC ID card production, digital imaging, flexy production and general printing services.
The company started operations in 2010 as a department within the former Ghana Media Group before registering as a standalone entity in 2014. It has since provided services to clients across Ghana, Togo and Liberia.
Recent financial reports show the company has experienced mixed performance. Unaudited financial statements for the first nine months of 2025 revealed revenue climbed to 504,098 cedis, representing a 51 percent increase from 334,174 cedis in the same period of 2024. The growth was driven primarily by a significant recovery in its printing and production division, which generated 233,645 cedis compared with just 52,424 cedis the previous year. Billboard rental revenue also more than doubled during the period.
Despite the revenue surge, the company continues to operate at a loss as it works toward restoring profitability. The financial statements showed an operating loss of 28,458 cedis for the nine month period ended September 30, 2025. However, the company’s cash position improved substantially, with cash and bank balances increasing to 59,663 cedis from 17,454 cedis, indicating better short term liquidity management.
Digicut has been implementing a turnaround strategy since 2021. The plan includes efforts to recover outstanding debts from clients, restore mobile advertising vans to operational status, and pursue legal action to recover approximately 1.4 million cedis in company funds held with the receiver of GN Savings and Loans.
The company is also investing in long term infrastructure. It is developing an office complex in Avenor valued at over 525,000 cedis, signaling confidence in its operational future despite current financial challenges.
The board of directors includes Joseph Kusi Tieku, John Sterlin, Victoria Aligboh and Raphael Ayitey. The company maintains its registered office and principal place of business at No. 350, Nima Court Avenue, Ward E, Block 2, Avenor, Accra. Its bankers are Ecobank Ghana PLC, while Teak Tree Brokerage Limited serves as its advisor.
BETA and Associates, a firm of chartered accountants, serves as the company’s independent auditor. The Central Securities Depository handles share registry services for Digicut.
Digicut has been publicly listed on the Ghana Stock Exchange since April 11, 2018, trading under the ticker symbol DIGICUT. The company’s International Securities Identification Number (ISIN) is GHEDPA049248. Recent trading data shows shares closed at 0.09 cedis in late July 2025, with a market capitalization of approximately 10.7 million cedis.
The advertising and media production sector in Ghana faces competition from established players including Farmhouse Productions Limited, The AdVantage Group and DDP Outdoor Limited. Industry observers note that Digicut’s strategy appears focused on capturing market share through aggressive revenue growth while working to control costs and return to sustainable profitability.
The virtual format of the AGM reflects a continuing trend among publicly listed companies in Ghana to leverage technology for shareholder engagement, particularly following experiences during the pandemic period. Virtual meetings allow broader shareholder participation without the logistical challenges and costs associated with physical gatherings.
Shareholders seeking additional information about the meeting or requiring assistance with proxy appointments may contact the company secretary at Credibilis Unlimited or reach out directly to the company’s registered office in Avenor.
The December 16 meeting will mark an important milestone for Digicut as it presents its 2024 results and sets the stage for continued execution of its turnaround plan into 2026.
