HFCB allocates Sh1bn stake to staff shares ownership scheme
Nairobi, July 8 -- HFCB staff have joined the list of the bank's top 10 shareholders following the allocation of a Sh1 billion stake under an employee share ownership plan (Esop), which has diluted the holdings of existing shareholders.
The bank's employees now collectively hold 94.36 million shares, according to regulatory filings for May 2026.
The shares represent a 4.77 percent stake, making employees the fifth-largest shareholders in the listed mortgage lender.
Their rise among the bank's largest shareholders follows the allocation of 94.27 million shares under a new Esop approved last year. HFCB previously operated an employee share scheme that was wound up last year after staff acquired 878,593 shares at a discounted price.
HFCB...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.