NSE-Web-Prospectus-2014

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No Name & Country Authorised and issued Activities and current status % Beneficial Ownershipof Incorporationshare capitalb) East African Securities Company limited by The promotion of the growth and Not applicableExchange Limited- guarantee development of capital marketsincorporated in Uganda Company limited by in the East African Community NSE is a memberguaranteeActivec) African Securities Exchanges Company limited by The establishment of an association Not applicableAssociation (previously African guarantee for systematic mutual cooperation,Stock Exchanges Association)- exchange of information, materials and NSE is a memberincorporated in Nairobi as apersons, mutual assistance and jointcompany limited by guaranteeprogrammes between the membersunder company registrationnumber C. 56726Actived) Association of Future Markets- N/A The promotion of the establishment of Not applicableincorporated in Buenosnew derivative and related markets andAires, Argentina to organize international conferences NSE is an associate memberin order to promote communicationamong members, to strengthen theirrelationship and to transfer informationand experience among them.Activee) The World Federation of Company limited by The global trade association of 60 Not applicableExchanges Limited incorporated guarantee publicly regulated stock, futures andin the UK exchanges. The member market NSE is an Affiliate.operators are responsible for thefunctioning of key components in thefinancial world.Active16
Section 2TimetableThe timetable for the Offer is as follows:Table 2.1-TimetableNo Event Time Date1 Offer Opens 9:00 a.m. 24 July 20142 Offer Closes (Closure Date) 4:00 p.m. 12 August 20143 Public announcement of the results of the Offer by 5:00 p.m. 3 September 20144 Electronic crediting of CDS Accounts and processing of by 5:00 p.m. 4 September 2014refunds (if applicable) (Refund Date)5 Self-Listing and commencement and trading of fully paid 9:00 a.m. 9 September 2014NSE Shares on The Exchange (Self-Listing Date)Notes:1. All references to times in this Prospectus are Kenyan local time, except as otherwise stated.2. If any date falls on a gazette public holiday, the applicable date shall be the next working day.3. The above dates may be changed at the discretion of the Board of Directors of NSE but subject to the approval of theCapital Markets Authority, where necessary.4. Any changes will be communicated in the public media.17
Page 3: NAIROBI SECURITIES EXCHANGE LIMITED
Page 9 and 10: MIMSNSE SharesOfferOffer PeriodOffe
Page 11 and 12: SBG Securities LimitedCfC Stanbic C
Page 13 and 14: Chairman’s Statement(USD 2.89 bil
Page 15 and 16: Section 1Corporate Directory1.1 Cou
Page 17: 1.15 Subsidiaries of the NSEName &
Page 21 and 22: The dividend history is as follows:
Page 23: 3.3 Basis of Offer PriceThe Offer P
Page 26 and 27: a) agrees that having had the oppor
Page 28 and 29: 4.16.5 In the event that the result
Page 31 and 32: Section 6Development Of Capital Mar
Page 35 and 36: 7.1.5 NSE 20 Share Index Performanc
Page 37 and 38: 8.2 Equities ProfileThe listed shar
Page 39 and 40: Bachelor’s degree in Mathematics
Page 41 and 42: IT departments. Jane has also worke
Page 43 and 44: youthful investors in the use of th
Page 45 and 46: Section 11Material RisksThe future
Page 47: Section 12Legal Opinion45
Page 52: 2. THAT following the increase in a
Page 55 and 56: provided by Section 132 of the Act.
Page 57 and 58: under Article 116 hereof, may by an
Page 59 and 60: Land Reference No. 209/18851 was pu
Page 62 and 63: 13.27 Expenses of the OfferTable 13
Page 64 and 65: AnnexuresAnnexure ANairobi Securiti
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Annexure A2Nairobi Securities Excha
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Serial No.Offer Opens: 9.00am, 24 J
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Notes113
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NSE-Web-Prospectus-2014

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