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National Oil eyes Sh100bn in London bourse listing cash call
President Uhuru Kenyatta receives a commemorative plaque from London Stock Exchange chairman Donald Brydon after opening the bourse yesterday. PHOTO | PSCU
President Uhuru Kenyatta yesterday told UK investors at the London Stock Exchange (LSE) that National Oil Corporation of Kenya (Nock) will next year list on Nairobi and London bourses.
The dual-listing on LSE and Nairobi Securities Exchange (NSE) targets to raise $1 billion (Sh100.62 billion under prevailing rates) through a sale of shares in an initial public offering.
