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Originally published by The Standard BusinessFebruary 19, 2026
2mo ago
CMA extends Kenya Pipeline Company IPO deadline to February 24
The Capital Markets Authority (CMA) has extended the Kenya Pipeline Company (KPC) Initial Public Offering (IPO) closing date by three working days to Tuesday, February 24, at 5 p.m...
✨ Key Highlights
The Capital Markets Authority (CMA) has extended the deadline for the Kenya Pipeline Company (KPC) Initial Public Offering (IPO) to Tuesday, February 24, at 5 p.m., citing the need for broader investor participation. This Electronic IPO involves selling a 65 per cent stake in the state-owned fuel transporter.
- The IPO offers 11.81 billion ordinary shares at Sh 9.00 per share.
- Acting Privatisation Authority Managing Director Dr Janerose Omondi emphasized the extension's aim for inclusivity and transparency.
- Allocation results will be announced on March 4, with trading at the Nairobi Securities Exchange (NSE) under the ticker KPC.0000 commencing on March 9.
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