(Updates with closing share price in second paragraph.)
Oct. 19 (Bloomberg) -- George Williamson Kenya Ltd., a producer of tea leaves, rallied to its highest level in more than 15 months after Business Daily reported the company plans to pay its shareholders a special dividend.
The shares jumped 8.1 percent to 227 shillings by the close in Nairobi, the highest level since July 7, 2010.
George Williamson will pay its shareholders a special dividend in the current financial year following the sale of its office for 500 million shillings ($5 million), the Nairobi-based newspaper said, citing Managing Director Alan Carmichael. The company will now rent office space at a different building in the city, Business Daily said.
--Editors: Ana Monteiro, Digby Lidstone
To contact the reporter on this story: Eric Ombok in Nairobi at firstname.lastname@example.org
To contact the editor responsible for this story: Shaji Mathew at email@example.com