Ndindi Nyoro buys 9% stake in Nairobi Securities Exchange-listed Olympia Capital

Ndindi Nyoro has acquired a 9% stake in Olympia Capital, a company listed on the Nairobi Securities Exchange. The investment makes him a significant shareholder.

TUKO.co.ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting, offering insights into Kenyan and global economic trends.

Kiharu Member of Parliament (MP) Ndindi Nyoro has acquired a 9.76% stake in Nairobi Securities Exchange-listed Olympia Capital Holdings, positioning himself as the firm's third-largest shareholder as he pursues a broader plan to restructure the company.

Nyoro purchased 3,982,253 shares through his investment vehicle, Limpopo Capital Limited, with the holding currently valued at KSh 29.8 million.

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He began accumulating the shares in 2025 and has set his sights on reaching a 25% threshold, the level at which he would be permitted to formally declare a takeover intention for the firm.

Source: Tuko