Liberty Kenya Holdings Limited Ownership Structure and Performance

Liberty Kenya Holdings Limited is a company that has been around for a while, but its ownership structure is quite interesting. The company is owned by Liberty Group Limited, which is a South African-based financial services company.

Liberty Group Limited has a significant stake in Liberty Kenya Holdings Limited, holding 94.8% of the company's shares. This level of ownership gives Liberty Group Limited a great deal of influence over the company's operations.

The remaining 5.2% of the company's shares are held by other investors, including institutional investors and individual shareholders. Despite this, Liberty Group Limited's control over the company remains significant.

Liberty Kenya Holdings Limited has been performing well, with a consistent track record of growth and profitability.

Liberty Kenya Holdings Limited is a Kenya-based holding company that has been around since 1964.

It was founded back in 1964 and has since grown to become a prominent player in the insurance industry.

The company is listed on the Nairobi Securities Exchange (NSE) under the stock symbol LBTY.

You can buy its equity stocks online on the Nairobi Securities Exchange (NSE).

Liberty Kenya Holdings Limited offers a range of insurance products and services, including life assurance, superannuation, and industrial life assurance.

The company also provides asset management and property development services for the private and corporate sectors in Kenya.

Liberty Kenya Holdings Limited has its head office at Liberty House, Mamlaka Road, Nairobi, Kenya.

It offers its services in 15 countries across the Africa sub-region.

The current Managing Director and Executive Director of Liberty Kenya Holdings Limited is Mike L. du Toit.

Liberty Kenya Holdings Limited is part of the Insurance (Life) Industry and the Financials Sector of the Nairobi Securities Exchange (NSE).

Liberty Kenya Holdings Limited has a robust governance structure in place, thanks to its five-person Board of Directors.

The Board is led by Philip Odera as the chairperson, bringing a wealth of experience and expertise to the table.

With Mike du Toit serving as the Managing Director, the company has a clear direction and leadership, ensuring that operations run smoothly and efficiently.

Liberty Kenya Holdings Limited's shares are listed on the Nairobi Stock Exchange under the symbol CFCI.

The company has a diverse shareholding structure, with Liberty Holdings Limited holding the largest stake at 57.74%.

African Liaison and Consultants Services Limited is the second-largest shareholder, owning 15.35% of the company.

The remaining shares are held by other investors through the Nairobi Securities Exchange, accounting for 26.91% of the total.

Here's a breakdown of the top shareholders:

Liberty Kenya Holdings Limited is governed by a five-person Board of Directors. Philip Odera serves as the chairperson.

The Board of Directors is led by Philip Odera, who has been in the role since 24/10/2018. Mike du Toit is the Managing Director.

The Board consists of Mike du Toit, Peter Gethi, and Philip Odera. Philip Odera is also the Chairman.

Liberty Kenya Holdings Limited has a total market capitalisation of 4.16 Billion KES, making it a significant player in the market.

The company's price/earnings ratio is 6.31, indicating a relatively stable financial situation. Its earnings per share of 1.23 KES suggest a positive trend in the company's financial performance.

Liberty Kenya Holdings Limited's financial data shows a total revenue of 5,559 million KES for the 2021 mid-year period, with a net investment income of 354 million KES.

Here is a snapshot of the company's financial performance over the years:

The company's net debt is negative, indicating a strong financial position. Its net income has been increasing over the years, with a significant jump in 2023.

Liberty Kenya Holdings Plc has seen significant growth in its net sales, reaching 1.52 trillion Kenyan Shillings in 2023, up from 1.05 trillion in 2022.

The company's net income has also increased, with a net income of 66 crore in 2023, compared to 33 crore in 2022. This represents a substantial growth of 100% in just one year.

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Net debt has decreased, with a net debt of -1.28 trillion Kenyan Shillings in 2023, down from -830.84 crore in 2022.

Here's a comparison of Liberty Kenya Holdings Plc's financials for 2022 and 2023:

The company's capitalization has also seen a significant increase, reaching 431.49 crore in 2023, up from 357.85 crore in 2022.

Liberty Kenya Holdings Limited has been involved in several significant transactions over the years. In 2009, Liberty Holdings Limited acquired an additional 9.2% stake in Liberty Kenya Holdings Plc from The Rock Creek Group, LP for approximately KES 540 million.

Liberty Holdings Limited has also made several attempts to acquire more shares in Liberty Kenya Holdings Plc. In 2005, they made an offer to acquire a 9.2% stake in the company for approximately KES 540 million, and in the same year, they intended to acquire an additional 6.5% stake in the company from Coronation Universal Fund for approximately KES 380 million.

In recent years, Liberty Kenya Holdings Plc has reported its earnings results, with the company releasing its full-year results for 2023, 2022, and 2021. The company's financial performance has been a topic of interest for investors and analysts.

The company has a rich history that spans over five decades. It was founded in Kenya in 1964 as the Kenya American Insurance Company Limited as part of the AIG Group of companies.

In 1987, the organization changed its name to American Life Insurance Company (Kenya) Limited – ALICO Kenya. This marked a significant shift in the company's identity.

CfC Bank holdings acquired ALICO Kenya in 2004 and changed its name to CfC Life Assurance Company Ltd. This move was a strategic one, aiming to expand the company's offerings.

In 2011, Liberty Holdings Limited became the strategic investor in CfC Life and Heritage. This partnership led to the listing of CfC Insurance Holdings on the Nairobi Securities Exchange through introduction.

The company made history again by being the first listed firm in Kenya to have a scrip issue in 2014. This cash-retention strategy allowed the firm to retain cash.

The group announced that its life insurance subsidiary, CfC Life Assurance Company, was re-branding to Liberty Life Assurance Kenya Limited with effect from 28 October 2014.

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Liberty Kenya Holdings Limited started the 2021 financial year with a share price of 7.70 Kenyan Shilling (KES) on the Nairobi Securities Exchange (NSE).

Its year-to-date performance ranked 31st on the NSE, with a gain of 0.78% in value on its price valuation.

The company is currently the 43rd most-traded stock on the NSE.

Over the recent three-month period from July to October 2021, a total trading volume of more than 258,500 shares was finalised in 227 deals.

These transactions were valued at a total of 2.17 million Kenyan Shilling (KES), with an average of 4,103 shares in each trading session.

A volume high of 27,500 was achieved on 13 August.

Liberty Kenya Holdings Plc has been making headlines with some significant developments in recent years. Kenya's cabinet approved the sale of its shares in six listed companies, a move that could have far-reaching implications for the company.

In 2009, Liberty Holdings Limited acquired an additional 9.2% stake in Liberty Kenya Holdings Plc from The Rock Creek Group, LP, for approximately KES 540 million. This acquisition marked a significant milestone in the company's history.

Liberty Kenya Holdings Plc has also been active in the acquisition space, with a notable example being the acquisition of a 51% stake in East African Underwriters Limited from the Madhvani Group in 2016. This move demonstrates the company's commitment to growth and expansion.

Here are some key facts about Liberty Kenya Holdings Plc's recent developments:

The company has also been focused on expanding its stake in Liberty Kenya Holdings Plc, with Liberty Holdings Limited making an offer to acquire an additional 6.5% stake in 2005. This move highlights the company's commitment to growing its presence in the market.

Liberty Kenya Holdings Limited is listed on the Nairobi Securities Exchange (NSE) under the stock code LKL.

The company has a market capitalization of approximately KES 1.5 billion.

It's essential to consider the company's financial performance when making investment decisions.

The company reported a net profit of KES 1.1 billion for the year 2020.

Liberty Kenya Holdings Limited has a dividend yield of around 5.6% based on its current share price.

Investors should also consider the company's cash flow and debt levels when evaluating its financial health.

The company's total debt stood at KES 1.4 billion as of 2020.

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