HF Group Plc (Kenya) to offer shares to strategic investors

By Published On: November 12th, 2021Categories: Corporate announcement

HF Group Plc has commenced the process of inviting strategic investors to acquire a stake in the Company (the Proposed Transaction) as disclosed in the published 2020 Financial Statements.

The aim of the Proposed Transaction is to strengthen the Group’s Capital in line with the Group’s current strategic direction. This process is ongoing and as at the date of this announcement no formal transaction has been concretized.

If and when a transaction materialises, details of that transaction will be announced to shareholders in compliance with the listing rules and Capital Market Authority regulations applicable to it.

By order of the Board

Robert Kibaara
Group Chief Executive Officer