Kenya Pipeline Company (KPC) PLC Debuts on the Nairobi Securities Exchange at KES 9.30 as President Ruto Officiates Historic Bell Ringing Ceremony

Kenya Pipeline Company (KPC) PLC today marked its official listing on the Nairobi Securities Exchange (NSE), entering the market as one of the exchange’s top ten largest companies by market capitalisation, marking a historic milestone in Kenya’s capital markets and privatization journey.

KPC PLC commenced trading on the Nairobi Securities Exchange (NSE) at an opening price of KES 9.30 per share, signaling strong investor interest as the company formally entered the capital markets.

The listing, which is the first privatisation listing since 2008, was commemorated through a ceremonial bell ringing officiated by His Excellency Hon. Dr. William Samoei Ruto at the NSE Trading Floor in Nairobi. The ceremony followed the successful completion of the Kenya Pipeline Company Initial Public Offering (IPO) that recorded a 105.7 percent oversubscription to raise KSh 112.374 billion, underscoring strong investor confidence in the company and Kenya’s economic prospects.

Speaking during the ceremony, President Ruto said the listing of Kenya Pipeline Company  is a powerful signal of strength, confidence, and maturity of our economy and represents a major step in broadening citizen participation, democratizing the ownership of strategic national assets and strengthening Kenya’s capital markets.