NORMAL

Kenya Airways was listed on the USE on 28th March, 2002, being the second company to be cross listed on the USE. KA was first listed in 1996 on the Nairobi Stock Exchange.

Incorporated in 1977 as a company wholly owned by the Government of Kenya following the collapse of East African Airways, the company was privatized-first in 1995 when 26% of the shares of the company were sold to KLM Royal Dutch Airlines and then in 1996 involving an initial public offering of the Company’s shares in the biggest share offering in Kenya’s history, which was oversubscribed by 82%.