Olympia Capital Holdings

Olympia Capital Holdings
Public company; NSE: OCH
Industry Manufacturer, interior, construction
Founded 1968
Headquarters L.R. No 209/5532, Off Nanyuki Road, Industrial Area Nairobi [1], Kenya
Area served
Sub-Saharan Africa
Key people
Michael Matu
CEO [2]
Products PVC, pumps, floor tiles, tyres
Revenue Decrease KES 501 Million (2013/14)[3]
Increase KES 45 Million (2013/14)
Total assets Decrease KES 1.576 Billion (2013/14)[4]
Website www.olympiacapital.co.ke

Olympia Capital Holdings Limited is a holding company comprising several businesses in East and Southern Africa.

Location

The company's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Botswana and South Africa. The company is listed on the Nairobi Securities Exchange (NSE) and trades as OCH. In addition to the NSE listing, its Botswana subsidiary Olympia Capital Corporation is listed on the Botswana Stock Exchange.

Overview

The company was originally established in Kenya as Dunlop Kenya Limited, a branch of Dunlop United Kingdom; in 2004, the company group was established as Olympia Capital Holdings Limited.

Its corporate direction is toward increasingly diversified manufacture of building materials and home improvement goods such as aluminum window frames, rubber products, curtains and food processing.

Member companies

Olympia has significant ownership stakes in various firms including:[5][6]

Suspension on The Botswana Stock Exchange

In October 2013 the Botswana Stock Exchange-listed subsidiary of Olympia Capital Holdings was suspended from trading. The subsidiary, which owns the bulk of Olympia Capital Holdings' productive assets, was suspended because it has failed to supply the exchange and its shareholders with audited financial statements.[10]

Olympia Capital Corporation was previously suspended from trading on the Botswana Stock Exchange in August 2009 after it failed to report a loss of P17 million in its February 2009 annual report.[11]

Ownership

The Shares of Olympia Capital Holdings are listed on the Nairobi Stock Exchange (NSE). The shareholding of OCH is as follows:[12]

Olympia Capital Holdings stock ownership
Rank Name of ownerPercentage ownership
1 Dunlop Properties Limited 18.79
2 Paul Wanderi Ndungu 11.35
3 Karen Enterprises Limited 9.83
4 First Ten Limited 5.90
5 CFC Stanbic Nominees (K) Limited 4.75
6Others via Nairobi Securities Exchange 49.38
Total100.00

External links

References

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