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Your email address will not be published.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
President William Ruto with Executive Vice-President of the European Commission, Henna Virkkunen
BUSINESS

Ruto Secures Ksh20.8B EU Investment for Kenya’s Digital Economy

Kenya is set to receive more than Ksh20 billion in fresh European...

Sameer Africa has new non-executive directors
BUSINESSCAREERSFEATURED ARTICLEMARKETSNEWSSTOCKS

Sameer Africa Appoints 2 New Non-Exec. Directors

Sameer Africa, a listed firm at the Nairobi Securities Exchange(NSE), appointed Eshak...

Dennis Onyango
NEWSPERSON OF INTEREST

Reflections: Aide Offers Insights in Raila Odinga’s Private Life

A compelling aspect of the Dennis Onyango interview was the humanisation of...