BUSINESSSTOCKS

NSE Extends Suspension of Trading in Umeme Ltd Shares

Share
Umeme Ltd Share price
Shareholders and investors have been advised to take note of this extension.
Share

The suspension of trading in Umeme Ltd shares at the Nairobi Securities Exchange (NSE) has been extended by 30 days to enable the company sort legal and shareholder issues.

The Nairobi Securities Exchange Plc (NSE) today notified investors and the public that the suspension in the trading of Umeme Limited shares on the NSE has been extended to mid June 2025.

“The initial suspension, which lapsed on 12 May 2025, has been extended for a further thirty (30) calendar days to facilitate the completion of ongoing engagements, regulatory compliance, and shareholder communication,” the NSE said in a dispatch.

It said the extension is aimed at ensuring full resolution of pending matters that were highlighted during the initial suspension period.

The trading suspension  of the energy company will now remain in force until Thursday, 12 June 2025, or such other period as may be determined by the Authority. “All shareholders, investors, and the general public are advised to take note of this extension,” the NSE said.

> Family Bank Mobilises Ksh14.7 Billion for Women and Youth Businesses

Written by
BT Correspondent

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published.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

PAST ARTICLES AND INSIGHTS

Related Articles
JONATHAN MUEKE, PRINCIPAL SECRETARY, STATE DEPARTMENT FOR AGRICULTURE
AGRICULTUREBUSINESS

Kenya launches KSh 1.081 trillion (US$8.4 billion) 5-Year Agri-food investment plan

Kenya's Ministry of Agriculture and Livestock Development has unveiled an ambitious National...

CMA Chief Executive Wycliffe Shamiah
BUSINESS

CMA Raises Red Flag over Special Funds with ‘Abnormal’ Returns

(CMA)Capital Markets Authority) has warned managers of fast-growing Special Funds against unethical...

Saba Saba protester being arrested
NEWS

10 Arrested as Saba Saba Protests End Without Major Incidents

10 people were arrested during the Saba Saba protests in Nairobi on...

President William Ruto
ECONOMY

Ruto Hails Record Foreign Investment as UN Report Boosts Kenya’s Economic Outlook

President William Ruto has welcomed a new United Nations report showing that...