BUSINESS

Kenya Power Issues Notice On its Forthcoming 105th Virtual AGM

Share
Kenya Power MD and CEO Joseph Siror
Kenya Power MD and CEO Joseph Siror. [Photo/@KenyaPower/X]
Share

Kenya Power will hold its 105th AGM virtually on Friday, 27th November 2026, at 11:00 a.m.

Top on the agenda of this annual general meeting is confirmation of an Interim Dividend in respect of the Financial Year ended 30th June 2026 of KSh 0.30 per ordinary share, which was paid subject to withholding tax, on 27th March 2026.

Kenya Power shareholders to get final dividend payments in December

To approve a final dividend of KSh 1.20 per ordinary share for the Financial Year ended 30th June 2026, payable net of withholding tax as recommended by the Directors.

The dividend will be payable on or about 31st December 2026.

Special business includes shareholder approval of revised Articles of Association to align with the Government Owned Enterprises Act, 2025, and revised Board Remuneration and Appointment of Directors policies.

According to a Notice on Kenya Power website, the listed utility firm has organised a Shareholders Briefing which will be streamed live on Wednesday, 18th November 2026 at 10.00am.

All Kenya Power shareholders are encouraged to attend this session to get more details on the AGM proposed resolutions. The link will be shared a day before the Shareholders Briefing.

Shareholders wishing to raise any question or clarifications regarding the AGM may do so by sending their written questions: To [email protected]; or by dialling USSD code *483*903# and selecting the option (Ask Question) on the prompts; or To the extent possible, shareholders may also physically deliver or post their written questions, with a return physical, postal or email address, to the registered office of the Company (KPLC’s Shares’ Registry) or P.O. Box 30099 – 00100, Nairobi.

Shareholders wishing to raise any question or clarifications regarding the AGM may do so by sending their written questions: Duly signed proxy forms may also be emailed to [email protected] in PDF format. A proxy form must be signed by the appointer or his duly authorised attorney in writing. If the appointer is a body corporate, the instrument appointing the proxy shall be given under the Company’s common seal or under the hand of an officer or duly authorised attorney of such body corporate.

Kenya Power Directors will provide responses to questions received via the channel used by shareholders to send their questions i.e. SMS (for USSD option), Email, Letters or Telephone call.

Questions will also be responded to during the meeting. A full list of all questions received and the answers thereto will be published on the Company’s website not later than 24 hours following the conclusion of the meeting.

The AGM will be streamed live via a link which shall be provided to all shareholders who will have registered to participate in the AGM.

Duly registered shareholders and proxies will receive a short message service (SMS/USSD) prompt on their registered mobile numbers, twenty-four (24) hours prior to the AGM as a reminder of the AGM. A second SMS/USSD prompt shall be sent one (1) hour before the AGM, as a reminder that the AGM will begin in one hour and providing a link to the livestream.

Kenya Power Directors that will be seeking re-election include Ms. Ruth Muiruri, CPA Dr. Caleb B. Manyaga, and Eng. James Rege.

Written by
JACKSON OKOTH

Jackson Okoth Writes for Business Today. He can be reached on email at [email protected]

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Quickmart outlet during the night.
ANALYSISBUSINESS

Quickmart Attracts Speculators Ahead of its NSE Trading Debut

Quickmart Plc has attracted huge number of speculative traders, who are keen...

world media summit
MEDIANEWS

Authenticity Over Algorithms: World Media Summit Explores Trust in AI Era

An international dialogue at the 7th World Media Summit (WMS) explored some...

co-op bank Q3 profit
BUSINESS

Co-op Bank Q3 Profit Soars 19.6% to Ksh35.9 Billion

Co-operative Bank of Kenya (Co-op Bank) has reported a strong Profit Before...

Dr Gideon Muriuki co-op bank MD and CEO
BUSINESS

Co-Op Bank of Kenya Reports Net Profit of KSh27.4Bn in Q3 2026

Co-op Bank of Kenya has reported a pre-tax profit of KSh 35.9...