The waiver clears the way for founder Titus Muya and related shareholders to reduce their stake in Family Bank.
By
George Ngigi
Correspondent
Nation Media Group
Family Bank founder Titus Muya and his associates will be free to sell their shares in the lender without restrictions once the company lists on the Nairobi Securities Exchange (NSE) on Tuesday next week.
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The bank's listing will be the second this year following Kenya Pipeline Company’s initial public offering in March.
The listing comes at a crucial time for Kenya's capital markets, as the NSE seeks to revive new listings following years of…
Kenya’s Family Bank has been cleared by the regulator, the Capital Markets Authority, for stock market listing after record…
Family Bank will begin trading on the Nairobi Securities Exchange on June 23 after CMA approval, following record earnings growth…
Family Bank has received formal approval from the Capital Markets Authority to list on the Nairobi Securities Exchange by way of…
Family Bank will debut on the Nairobi Securities Exchange at Sh18 per share.
