Anybody have a softcopy of the IM(information memorandum)? Please upload to a fileshare and post the link. I would like to scrutinise the details of the deal.

Very interested in the PO. Its quite unique in that they are actually publicising what is essentially a private placement.
Apart from getting a view of the numbers, I only have only two queries:
Why are they doing a PO now when they intend to list soon? Answer-Equity did something similar in 2004 before listing in 2006.
Are they issuing new shares or are some shareholders running off? Key question for me.

Mainat - You are misleading Wazuans! The Deacons IPO is very much a public offer and has been approved as such by the CMA. It is not a private placement.

And Equity did not do any public offer prior to listing. What Equity did was a private placement, followed by a bonus issue followed by listing.

It had become a get rich strategy in Kenya. If you are holding a dud, sell it off to the public through an IPO

@Kadonye and Muganda
...If you have never visited any of these outlets, just do it today and you will be surprised how many people shop here especially during month eneds and festive seasons. In December you will not get a place to stand in Mr Price...The prices are so good.

Even when I was earning a very meagre salary, I have always shopped at Deacons...of course it changed to Woolsworth. Their stuff is good quality and fashionable. So dont say Mitumba has to be banned for people to shop there. Kenyans have money and love quality!!!