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Flame Tree Group gets board approval to list on Nairobi bourse

The board of Flame Tree Group, an African manufacturing group with operations in Mauritius, Kenya, Rwanda, Ethiopia and Mozambique, has approved a plan by the firm to list its entire issued share capital on the Nairobi Securities Exchange (NSE).

The listing on the bourse’s Growth Enterprise Market Segment (Gems), to be done through introduction, has been earmarked for next month. The meeting also saw two new non-executive directors – George Theobald and Frank Ireri – take their seats on the board.

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