Insurance firm Britam #ticker:BRIT and the Nairobi Securities Exchange (NSE) #ticker:NSE have announced plans to set up employee share ownership schemes.
The two firms say in their respective annual general meetings notices that they will be seeking shareholder nod to establish the employee share plans, with NSE saying it will be allotting 12.9 million shares to the scheme, equivalent to five per cent of the firm’s issued share capital.
