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Approved Employee Share Ownership Plans in Kenya

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In this article
  1. Plans listed by the Capital Markets Authority
  2. Checking a scheme
  3. Sources and useful links

An employee share ownership plan or scheme provides a framework for employee interests in company shares. The terms differ between employers, and a share option is not the same as an immediately owned share.

Plans listed by the Capital Markets Authority

The CMA’s public register lists the following names at the time of this check. The names below follow that register, including historical company names; an entry is not proof that a plan is open to new participants.

  1. ARM Employee Share Ownership Plan
  2. EABL Employee Share Ownership Plan
  3. Equity Employee Share Ownership Scheme
  4. Housing Finance Employee Share Ownership Plan
  5. I&M Bank Employee Share Ownership Plan
  6. KCB Employee Share Option Plan
  7. Kenya Airways Employee Share Ownership Plan
  8. Kenya Airways 2017 Group Employee Share Ownership Scheme
  9. Safaricom Employee Share Ownership Plan
  10. Scan group Employee Share Ownership Plan
  11. Car & General Employee Share Ownership Plan
  12. Standard Group Limited Employee Share Ownership Plan
  13. Britam Holdings Plc Employee Share Ownership Plan
  14. Nairobi Securities Exchange Plc Employee Share Ownership Plan – Unit Trust
  15. NCBA Group PLC Employee Share Ownership Plan

Checking a scheme

Read the employer’s current scheme rules for eligibility, vesting, payment, leaving employment and dealing restrictions. Confirm the exact scheme name with the employer or trustees rather than relying on an old company name.

CMA approval and tax registration are different matters. KRA provides a separate registration process for tax-relief schemes.

Tip: This is a list of register entries, not an investment recommendation or a claim that every scheme is currently active. Use the live register for subsequent changes.

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