Kenya Pipeline Company IPO Period Extended by 3 Days

The Capital Markets Authority has approved the extension of the closing date of the Kenya Pipeline Company’s Initial Public Offering (IPO) by an additional three working days.

The offer, which was initially scheduled to close today, 19th February 2026 at 5 p.m. will now remain open until Tuesday, 24th February 2026 at 5 p.m. All other terms and conditions of the Offer remain unchanged.

During recent public participation and stakeholder engagement forums conducted in relation to the Government’s privatisation programme, a number of retail investors expressed the need for additional time to participate in the Offer. In light of the Government’s stated objective of expanding domestic share ownership and fostering inclusive participation in the capital markets, a limited extension of the Offer Period is considered aligned with public policy and supportive of broader retail investor inclusion.

Making the announcement, the acting Privatization Authority Managing Director, Dr. Janerose Omondi said. “The extension is aimed at ensuring broader participation and will provide investors adequate time to finalize their investment decisions in line with our commitment to inclusivity and transparency.”

Investors who have already submitted valid applications are not required to take any further action. Applications can be submitted through stockbrokers, investment banks, authorized selling agents such as banks, as well as through the KPC IPO portal, www.kpcipo.e-offer.app or by dialing *483*816#.

The announcement of allocation Results will be conducted on 4 March 2026 followed by electronic crediting of shares to CDS Accounts and processing of refunds by 6 March 2026. Listing and trading of KPC Shares at the Nairobi Securities Exchange (NSE) will commence on 9 March 2026.

The extension of the IPO comes a week after the CMA authorized the integration of the electronic CDS account opening into the KPC IPO platform in order to enhance convenience and participation in the IPO.

“The KPC IPO is about democratizing ownership of one of Kenya’s strategic national assets. By leveraging digital platforms, we are making participation in capital markets simpler and more equitable.” said Dr. Omondi.

The KPC IPO marks a significant milestone in Kenya’s capital markets evolution and broader public participation in the transformation of state-owned enterprises. The offer provides retail investors, institutional investors, KPC employees, Oil Marketing Companies, citizens of the East African Community, and international investors a unique opportunity to invest in East Africa’s most strategic energy infrastructure company.

KPC operates 1,342 kilometres of pipeline and storage infrastructure, giving it a strategic footprint across the region. Backed by a strong earnings base, the company offers investors exposure to a profitable and well-positioned enterprise that is central to Kenya’s energy security and regional economic growth.