NCBA Group shareholders who have sold a 66 percent stake to Nedbank have booked a capital gain of Sh21.4 billion on the 43.63 million discounted shares of the South African bank.
Nedbank revealed last month that Kenyan investors will be handed a stake equivalent to 8.4 percent of the transaction, at a stake equivalent to 8.4 percent of its issued shares in the transaction, valued at Sh10.1 billion as per the terms of sale agreed in January.
