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Originally published by Capital Businessbusiness
September 23, 2026
2h ago
Quickmart announces plan to list on Nairobi Securities Exchange
The proposed offer will involve the sale of 2 billion existing ordinary shares, representing 50 per cent of Quickmart’s issued share capital. The shares are being offered by Sokoni Retail Kenya Limited, which currently owns the entire share capital of Quickmart...
✨ Key Highlights
Kenyan retailer Quickmart has announced its intention to list on the Nairobi Securities Exchange (NSE) Main Investment Market Segment, subject to regulatory approvals. This move will allow Kenyans to own shares in the company.
- Sokoni Retail Kenya Limited will sell 2 billion existing ordinary shares, representing 50 percent of Quickmart’s issued share capital.
- Quickmart Group CEO Peter Kang’iri stated the listing will give Kenyans an opportunity to own a share of the business and raise the company's profile.
- The retailer currently operates 72 stores, recorded Sh50.4 billion in revenue in 2025, and targets a dividend payout ratio of at least 80% of annual profit after tax.
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