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KCB ESOP
QD
#1 Posted : Friday, August 05, 2011 10:04:11 AM
Rank: Member


Joined: 8/5/2009
Posts: 597
Seems KCB has been granted the go ahead to issue and list additional 18,486,338 ordinary shares to the employees at a cost of Kshs 1.00 each.

What effect will this have on this sleeping lion.


source: Standard page 13.
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
guru267
#2 Posted : Friday, August 05, 2011 10:10:06 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
QD wrote:
Seems KCB has been granted the go ahead to issue and list additional 18,486,338 ordinary shares to the employees at a cost of Kshs 1.00 each.

What effect will this have on this sleeping lion.


source: Standard page 13.


18million shares divided by 3billion shares = a 0.6% dilution..

This is HIGHLY insignificant!
Mark 12:29
Deuteronomy 4:16
Cde Monomotapa
#3 Posted : Friday, August 05, 2011 10:19:36 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
2.95B shares to be exact. A leaner staff compliment with an owner mentality is awesome news!!
Gordon Gekko
#4 Posted : Friday, August 05, 2011 10:20:12 AM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
If I'm not wrong, staff have already bought, so this is administrative
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