Saturday, May 01, 2021

List of Shareholders of Unashig Kenya PLC ~ Released April 30th 2021

The latest list of 223 Unashig Shareholders is provided at the link below in the general interest of the shareholders. As of the end of April 2021, they held a total of 3,002.11 CA and CB shares of the company. The combined value of their shares, pegged to the value of a portfolio of collectively owned securities quoted on the Nairobi Securities Exchange, stands at the end of April 2021 at KES 6,895,638.00 (or US$ 63,937.31, at the exchange rate of US$1=KES107.85).

READ: List of Unashig Shareholders as of April 30th, 2021 

As the list shows, individual shareholders own different amounts of Unashig shares. Here is a brief narration of their distribution based on certain intuitive concerns. First of all, we can divide them into the following two groups: 75 shareholders who own less than 3 shares each, and 148 who own 3 or more shares. 

Among the 148, there are subsets worth noting for Unashig's purposes, and which are distributed as follows:

1) Ninety own 4 or more shares each.
2) Out of the 90 shareholders, however, only 51 own 10 or more shares each. Indeed, that's 51 out of a totality of 223! We would like to see the number owning at least 10 go significantly higher.
3) Out of the 51, thirty two own 30 or more shares each.
4) Out of the 32, only 14 own 51 or more shares each.
5) Out of the 14, six own 114 or more shares each.

It is in the grander interest of all shareholders that each of us should hold at least 10 CA and/or CB shares. As intimated earlier, in the event of a bonus issue -- indeed, the first of such an issue -- it is highly unlikely that the company, still in its "infancy", would offer (let alone afford) better than a ratio of 1:10.