Kenol to Give Staff More Bonus Shares.

(From The Nation (Kenya) - AAGM)

Byline: Isaac Esipisu

The Kenya Oil Company (Kenol) is expected to announce an increase in shares awarded to employees under the employee share ownership programme (ESOP), as well as the executive share option scheme.

This is in addition to the shares awarded to staff in the company and its subsidiaries late last year.

Last year, the company awarded employees 87,247 bonus shares (31,997 bonus shares and 55,250 executive share options before the split), which automatically went up 10 times, to 872,470 shares.

This followed the successful split of the company shares by 10 and the approval of the move …