Bamburi Cement has changed its name from Bamburi Cement Ltd to Bamburi Cement PLC, following registration of the new name in line with provisions of the Section 53 of the Companies Act 2015. The Act requires companies that are both limited and public to be registered with a name that ends with ‘public limited company’ or the abbreviation PLC.
The change of name was approved by the Company’s shareholders during the 70th Annual General Meeting held on 10th June 2021. The new name became effective on 26th July 2021 following issuance of the certificate of change of name by the Registrar of Companies. Bamburi Cement was listed on the Nairobi Securities Exchange (NSE) in 1970, and trades under the Construction and Allied Category, understock ticker symbol BAMB.
“The change of name applies only to the Bamburi Cement group company name with all market brands remaining unchanged. All contractual relationships and obligations that the company has with its customers, partners and other stakeholders are not affected by this change of name,” said Waeni Ngea, the Company Secretary.
