Bloomberg News

British American of Kenya Postpones Listing Date by Six Days

September 01, 2011

Sept. 1 (Bloomberg) -- British American Investment Co., the Kenyan financial-services company whose initial public offering last month was undersubscribed, postponed its listing date by six days.

The shares will begin trading on the Nairobi Stock Exchange on Sept. 8 instead of tomorrow, the company said in a statement published in the Daily Nation newspaper today. It didn’t provide further details.

To contact the reporter on this story: Eric Ombok in Nairobi at eombok@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net


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