The Nairobi Securities Exchange (NSE) currently has over 15,000 investors, up from 24 at the time of self-listing last September.
This means that the company has increased the number of investors nearly 625 times in just six months.
At the time of listing brokers were the main shareholders with a total stake of 89.8 per cent while the Treasury and the Investor Compensation Fund had each 5.1 per cent. The exchange was listed by introduction.
Brokers have been selling to other investors as they race to meet the prescribed maximum of a total of 40 per cent shareholding within three years from their original stake of 89.8 per cent.
In a statement on Wednesday, the NSE said it would release its financial results for 2014 tomorrow (Friday).
“The financial results announcement is part of NSE’s commitment towards being a trusted brand as a company listed on the Main Investment Market Segment of the bourse with over 15,000 shareholders,” said the NSE.
This year the bourse is set to launch various products including derivatives, real estate investment trusts (REITS) and exchange traded funds (ETFs) in a bid to deepen the market while boosting its liquidity.
