NSE-Web-Prospectus-2014

1.15 Subsidiaries of the NSEName & Country Authorised Issued share Activities and % Beneficialof Incorporation share capital capital current status Ownershipa) NSE Clear Limited – incorporated in Kshs. 100,000/- Kshs. 100,000/- Provision of clearing house 100%Kenya on 4 February 2014 underservices for the proposedcompany registration numberderivatives/futures exchangeCPR/2014/130100Inactive1.16 Directors of Subsidiaries1.16.1 NSE Clear LimitedName Designation Nationality Address Profession AgeMr. Edward Njoroge Director Kenyan 18511-00500 Nairobi Engineer 61Mr. Bob Karina Director Kenyan 45236-00100 Nairobi Investment Banker 61Mr. Peter Mwangi Director Kenyan 28516-00200 Nairobi Chief Executive 441.17 Other Companies or Associations in which NSE has an interestNo Name & Country Authorised and issued Activities and current status % Beneficial Ownershipof Incorporationshare capitala) *Central Depository and Kshs. 100,000,000/- Provision of services relating 22.5%Settlement Corporation Limitedto clearing, settlement and depository- incorporated in Kenya on 23rd servicesMarch 1999 under companyregistration number C. 84917Active*The other shareholders of Central Depository and Settlement Corporation Limited are:(1) The Capital Markets Challenge Fund Limited - 50%;(2) AKS Nominees Limited - 18% (associated with Kenya Association of Stockbrokers and Investment Banks);(3) Investor Compensation Fund Board - 7% and(4) Uganda Securities Exchange: 2.5%.15