Flame Tree Group Plans to List on Kenyan Exchange Nov. 6

October 30, 2014


Mauritian manufacturer of water tanks, cosmestics to list shrs by introduction on Nairobi Securities Exchange’s Growth Enterprise Market Segment, Chairman George Theobald tells reporters in capital, Nairobi.

* Flame Tree pvt placement of 24.3m shrs oversubscribed, transaction adviser Edward Burbidge says;
* Shrs to be listed at 8 shillings each;
* NOTE: Flame Tree said in July it will list 15% of its shares on Nairobi exchange. Source: Bloomberg