PUBLIC ANNOUNCEMENT
HOUSING FINANCE COMPANY OF KENYA LIMITED
CAPITAL MARKETS AUTHORITY APPROVES
APPLICATION FOR ISSUE OF ADDITIONAL 5,750,000
SHARES, LISTING OF THE SHARES AND ALLOTMENT
TO THE EMPLOYEE SHARE OWNERSHIP PLAN (ESOP)
The Capital Markets Authority (CMA) on 20th December 2010
granted approval to Housing Finance Company of Kenya
Limited for the issue and listing of an additional 5,750,000
ordinary shares of Kshs. 5 each to the Trustees of the
company’s Employee Share Ownership Plan (ESOP), and to
be issued to the beneficiaries under the ESOP in accordance
with the terms of the Trust Deed approved by the Authority.
In granting the approval, the Authority reviewed the disclosures
contained in the application made under Regulation 11 of the
Capital Markets Authority (Securities, Public Offers, Listing
and Disclosures) Regulations, 2002, and is satisfied that
the application makes sufficient disclosures of the matters
required in the Fourth Schedule of the said regulations.
DATED 25TH JANUARY, 2011
BY THE ORDER OF THE BOARD
COMPANY SECRETARY.
JOSEPH KANIA
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison