Chase Bank Kenya Corporate Bond Suspension – Nairobi Securities Exchange
PUBLIC NOTICE: SUSPENSION OF THE CHASE BANK (KENYA) LIMITED CORPORATE BOND
Notice is hereby given on the suspension of trading of the Chase Bank Fixed Rate Notes listed on the Fixed Income Securities Market Segment of the NSE, in line with directives received from the Capital Market’s Authority (CMA) pursuant to Section 11 (3) cc (iv) of the Capital Markets Act, effective April 8, 2016.
This follows the placement of Chase Bank (Kenya) limited under receivership by Central Bank of Kenya (CBK) with effect from April 7, 2016, thereby prohibiting payment of any claims by the Bank’s creditors.
The shareholders, investors and general public are asked to take note of the suspension.
For more information please contact:
Nairobi Securities Exchange Ltd
The Exchange Building, 55 Westlands Road
P.O Box 43633-00100 Nairobi
Tel:+254 (020) 283 1000