Quick Mart Plc Intends to List its Shares on NSE

Nura Kemis September 24, 2026

KEY HIGHLIGHTS

Quick Mart Plc(“QUICKMART”) Announces its Intetion to List its Shares on the Main Investments Market Segment of the Nairobi Securities Exchange(NSE);
The proposed listing would broaden ownership of one of Kenya’s largest modern grocery retailers and enable Kenyan and other eligible investors to participate in its next phase of growth.

Quickmart intends to list its shares on the Main Investment Market Segment of the NSE_PLC, subject to the requisite regulatory approvals.

The proposed offer will comprise an offer for sale by Sokoni Retail Kenya Limited, which currently holds the entire issued share capital of Quickmart, of 2 billion existing ordinary shares with a nominal value of KES 0.2 each, representing 50% of Quickmart’s issued share capital,with an expected over-allotment option of up to 15% of the Offer Shares (the “Offer”).

No new shares will be issued by Quickmart and as it receives receive any proceeds from the Offer.

Quickmart will not raise new capital from the Offer and expects to continue funding its organic growth and store expansion primarily through internally generated cash flows.

Quickmart to sell 57pc stake on NSE in multi-billion-shilling deal - Business Daily Currently,Quickmart operates 72 stores across 16 counties, recording approximately 5 million customer transactions per month, supported by approximately 2.5 million Q-Points loyalty members.

FY2025 revenue was KES 50.4 billion and adjusted profit after tax was KES 1.7 billion, with revenue growing at a compound annual growth rate of 18.4% between FY2021 and FY2025.