The First Publishers To Be Listed in Kenya

The Nairobi Securities Exchange (NSE) may be home to billion shilling corporates dominated by the agricultural and financial sectors, but there’s a company set to pioneer its industry and hopefully buck the monotony.

According to a Nation correspondent, Longhorn Publishers has been approved by the Capital Markets Authority (CMA) to list about 58.5 million ordinary shares at Kshs.1 each by way of introduction at the NSE. This makes it the first publishing company in Kenya to do so.
“The authority has granted approval following a review of the applicant’s documents and is satisfied that Longhorn Kenya Limited has met adequate disclosure of material information in accordance with the requirements of the Capital Markets Act and the Capital Markets (Securities)(Public Offers, Listing and Disclosures) Regulations,2002” CMA CEO Stella Kilonzo said in a statement to the media.
Longhorn Publishers specialize in educational publications especially for primary and secondary schools, but also feature novels by local authors.

The Nairobi Securities Exchange (NSE) may be home to billion shilling corporates dominated by the agricultural and financial sectors, but there’s a company set to pioneer its industry and hopefully buck the monotony.
According to a Nation correspondent, Longhorn Publishers has been approved by the Capital Markets Authority (CMA) to list about 58.5 million ordinary shares at Kshs.1 each by way of introduction at the NSE. This makes it the first publishing company in Kenya to do so.
“The authority has granted approval following a review of the applicant’s documents and is satisfied that Longhorn Kenya Limited has met adequate disclosure of material information in accordance with the requirements of the Capital Markets Act and the Capital Markets (Securities)(Public Offers, Listing and Disclosures) Regulations,2002” CMA CEO Stella Kilonzo said in a statement to the media.
Longhorn Publishers specialize in educational publications especially for primary and secondary schools, but also feature novels by local authors.