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20140723 NSE SELF LISTING

THE NAIROBI SECURITIES EXCHANGE LIMITED OFFICIALLY LAUNCHED ITS INITIAL PUBLIC OFFERING (IPO), WHICH WILL OFFICIALLY KICK OFF TOMORROW AND WILL RUN UPTO AUGUST 12. THE NSE IS SEEKING TO RAISE 627 MILLION SHILLINGS BY SELLING UPTO 66 MILLION NEW SHARES AT A PRICE OF 9 SHILLINGS AND 50 CENTS PER SHARE. THE MINIMUM NUMBER OF SHARES AVAILABLE FOR PURCHASE IS 500 AT4,750 SHILLINGS.

 

JOSEPHINE - BUSINESS