October 28, 2016 1:25 AM ET


Company Overview of Longhorn Publishers Ltd.

Company Overview

Longhorn Publishers Limited publishes and sells educational and general books in Kenya, Uganda, Tanzania, Malawi, and Rwanda. The company was formerly known as Longhorn Kenya Limited and changed its name to Longhorn Publishers Limited in December 2014. Longhorn Publishers Limited was incorporated in 1965 is based in Nairobi, Kenya.

Funzi Road

Industrial Area

PO Box 18033

Nairobi,  00500


Founded in 1965


254 2 6532579

Key Executives for Longhorn Publishers Ltd.

Longhorn Publishers Ltd. does not have any Key Executives recorded.

Longhorn Publishers Ltd. Key Developments

Longhorn To Sell Its Head Office

Longhorn Publishers Ltd. (NASE:LKL.O) is looking to sell its head office for KES 500 million. Sale of the 2.2-acre land in Nairobi’s Industrial Area is expected to be concluded in 6 months to 12 months. “Subject to the company complying with all relevant laws and regulations, the shareholders of the company do hereby approve and authorize the sale, of all that property known as LR 209/5604,” reads a special resolution to be put before Longhorn’s shareholders at the October 28, 2016, annual general meeting. Simon Ngigi, Chief Executive Officer of Longhorn said, the land sale is informed by the need to increase investments in higher-return publishing fields. “The land sale is part of our strategy to get rid of idle assets. We have more opportunities in our publishing business that will generate higher returns faster than just holding the property," he added.

Centum Seeks Longhorn Acquisition

Centum Investment Company Limited (NASE:ICFC.O) has announced plans to raise its stake in Longhorn Publishers Ltd. (NASE:LKL.O) to over 50% during the upcoming rights issue. Centum plans to spend KES 390 million and take up 51% of the publisher's shareholding. "They intend to take up at least 50 percent of total available rights," the publisher said in a statement, "This might take their shareholding to above 51 percent," Longhorn Managing Director Simon Ngigi said. "Centum has no intention to take-over the company and requisite approvals and waivers from the Capital Markets Authority and Competition Authority have been sought and received," said Simon Ngigi.

Longhorn Publishers Ltd., Annual General Meeting, Dec 21, 2015

Longhorn Publishers Ltd., Annual General Meeting, Dec 21, 2015., at 11:00 South Africa Standard Time. Location: at Nairobi Club.

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