Actis
Retail sale of Umeme shares from Actis exit opens; closes 6 December
A total of 37,349,155 ordinary shares of Umeme Limited were on Friday opened to retail investors on the Uganda Securities Exchange at a discounted price of Shs488 per share.
Trading in Umeme resumes after Actis exits stake
The suspension of trading in shares of Umeme Limited (UMEM) was lifted today at the Uganda Securities Exchange following the exit of former majority stakeholder, Umeme Holdings Limited, a subsidiary of the UK-listed private equity investor Actis.
USE to lift Umeme trading suspension on Wednesday
The Uganda Securities Exchange will lift the trading suspension on Umeme Limited this Wednesday, 16 November following the sale of the power utility's shares by its former majority stockholder, Umeme Holdings Limited.