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Longhorn’s share priced at Sh14 ahead of listing

A worker arranges books at Longhorn Kenya warehouse in Nairobi’s Industrial Area. The firm is to list on the NSE by end of June. Photo/Diana Ngila

Longhorn Kenya’s shares have been priced at Sh14 each, valuing the book publisher at nearly Sh1 billion ahead of the company’s debut at the stock market.

An Information Memorandum for the planned listing shows Longhorn’s 58.5 million shares will be valued at Sh819 million on the first day of trading at the stock exchange.

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