Nairobi Securities Exchange (Kenya) to hold 65th AGM on 30 May
Nairobi Securities Exchange Limited is holding its 65th Annual General Meeting with the following details:
AGM date | : | 30/05/2019 |
Year ended | : | 31/12/2018 |
Venue: | : | Kenyatta International Convention Centre(KICC), Tsavo Ballroom, Nairobi KE |
Time | : | 11:00 |
About the company
Nairobi Securities Exchange (NSE) Limited operates as a securities exchange in Kenya offering an automated platform for the listing and trading of various securities such as debt, equity and derivative securities. It provides clearing and settlement services for transactions in derivative securities through its subsidiary, NSE Clear Limited. It also acts as a central counterparty in derivative securities transactions. Kenya is one of the fastest growing economies in sub-Sahara Africa and NSE plays a vital role in this growth by encouraging savings and investments as well as helping local and international companies access cost-effective capital. The securities exchange operates under the jurisdiction of the Capital Markets Authority of Kenya; is a full member of the World Federation of Exchange; a founding member of the African Securities Exchanges Association (ASEA); the East African Securities Exchanges Association (EASEA) and the Association of Futures Market. Nairobi Securities Exchange is a partner exchange in a SSE initiative led by the United Nations.
This annual general meeting (AGM) is a mandatory yearly gathering of the company’s interested shareholders. At the AGM, the directors of this company present an annual report containing information for shareholders about the company’s performance and strategy. Shareholders with voting rights vote on current issues, such as appointments to the company’s board of directors, executive compensation, dividend payments and selection of auditors.
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