| IPO Details |
| Company Profile |
| Summary of the Offer |
| Important Highlights |
| Important Dates |
| Advisers and Vendors |
| Historical Financials |
| IPO Prospectus |
| In the News |
| Name | Eveready East Africa Ltd Ord.1.00 |
| Security Type | Ordinary |
| Ticker | EVRD |
| Reuters Code | |
| ISIN | |
| Number of Employees | |
| Address | Standard Building |
| Wabera Street | |
| Nairobi, Kenya | |
| Website | www.eveready.co.ke |
| Phone | +254-20-216139/42 |
| Fax | +254-20-337978 |
| batteries@eveready.co.ke | |
| Nature of Business | Eveready East Africa's (EA) main brands include Eveready, Energizer and Shick, recognized world-over for their distinct quality. Eveready has an extensive network of 450 Eveready Associates and 20 distributors support for its business in East Africa forming a far-reaching network and ensuring that the company meets the power and shaving requirements o f people all over East Africa. |
| Offer Type | Initial Public Offering |
| Offer Method | Offer for Subscription |
| Purpose | |
| Utilization of Proceeds | |
| Target Investors | |
| Par Value of each share | KES 1.00 |
| Authorised Share Capital | 210,000,000 |
| Fully Paid Share Capital | 210,000,000 |
| Shares Offered for Sale | 63,000,000 |
| % of Fully Paid Shares Offered for Sale | 30.00% |
| Offer Price per Share | KES 9.50 |
| Price Earning (PE) Ratio at Offer Price | 67.86 |
| Dividend Yield at Offer Price | -- |
| Offer Open Date | 9:00 am Monday, Nov 13, 2006 |
| Offer Close Date | 3:00 pm Friday, Nov 24, 2006 |
| Results of Allocation Announced | Monday, Dec 11, 2006 |
| Crediting of CDS Accounts with Shares | Monday, Dec 11, 2006 |
| Dispatch of Share Certificates | Monday, Dec 11, 2006 |
| Crediting refunds through electronic funds transfer | Friday, Dec 15, 2006 |
| Dispatch of refund checks (if applicable) | Wednesday, Dec 13, 2006 |
| Commencement of Trading on Nairobi Stock Exchange | Monday, Dec 18, 2006 |
| Key Numbers | |
| Fiscal Year End | September |
| Currency | Kenya-Shilling (KES) |
| Sales (in millions) | 1,645.19 |
| 1 Year Sales Growth | -7.30% |
| Annual Income Summary (in millions except EPS data) | ||||
| September 30, 2009 | September 30, 2008 | September 30, 2007 | September 30, 2006 | |
| Sales | 1,645.19 | 1,774.68 | 2,232.14 | 2,063.00 |
| Pre-Tax Income | 41.57 | 27.86 | 179.51 | 212.00 |
| Net Income | 28.27 | 17.84 | 126.41 | 146.00 |
| Average Shares | 210.00 | 210.00 | 210.00 | 210.00 |
| EPS | 0.14 | 0.09 | 0.60 | 0.70 |
| Total DPS | -- | -- | 0.45 | 0.52 |
| Quarterly Income Summary (in millions except EPS data) | ||||
| -- | -- | -- | -- | |
| Sales | -- | -- | -- | -- |
| Cost of Goods | -- | -- | -- | -- |
| Gross Profit | -- | -- | -- | -- |
| Pretax Income | -- | -- | -- | -- |
| Net Income | -- | -- | -- | -- |
| Average Shares | -- | -- | -- | -- |
| EPS | -- | -- | -- | -- |
| Annual Balance Sheet Summary (in millions) | ||||
| September 30, 2009 | September 30, 2008 | September 30, 2007 | September 30, 2006 | |
| Cash & Equivalents | -- | -- | -- | 2.50 |
| Total Current Assets | -- | -- | -- | 747.80 |
| Total Liabilities | -- | -- | -- | 624.14 |
| Share Holder Equity | -- | -- | -- | 313.82 |
| Long Term Debt | -- | -- | -- | -- |
| Annual Consolidated Cash Flow (in millions) | ||||
| September 30, 2009 | September 30, 2008 | September 30, 2007 | September 30, 2006 | |
| Net cash flows generated from (used in) in operating activities | -108.52 | 376,108.00 | -132.30 | 138.81 |
| Net cash flows generated from (used in) in investing activities | -27.53 | -39,837.00 | -38.51 | -58.08 |
| Net cash flows generated from (used in) in financing activities | -4.80 | -98,846.00 | -112.80 | -- |
EVEREADY PROSPECTUS October 27 2006 |
| Nairobi Stock Exchange |
| EVEREADY Appoints a New Director |
| Eveready East Africa Limited - 25 June, 2009 |
| EVEREADY has today announced the appointment of Paul Scott as a Non Independent Non Executive Director. Mr Scott received an SNC in Business Studies from Paisley College in 1984. He has worked closely with several local Universities on their MBA & graduate programs and holds several advanced training awards from U.K. Business Colleges Mr. Scott is currently the General Manager of ENERGIZER MIDDLE EAST & AFRICA LTD based in Dubai & has worked for Energizer for 13 years. He has overall business responsibility for Energizer’s total portfolio of brands: Energizer, Eveready, Schick & Playtex in over 20 countries across the region from Ghana in the West to Bangladesh in the East. |
| Centum Investment Limited resigns from EVEREADY’s Board of Directors |
| Eveready East Africa Limited - 25 June, 2009 |
| Eveready has today announced the resignation from its Board of Centum Investment Limited (Centum). |
| NOTICE of ANNUAL GENERAL MEETING |
| Eveready East Africa Limited - 23 April, 2009 |
| Notice is hereby given that the Annual General Meeting (“AGM”) of EVEREADY East Africa Limited (“Eveready”) will be held on Thursday 23rd day of April, 2009 at Menengai Hall situated on the First Floor of Merica Hotel located along Kenyatta Avenue in Nakuru. |
| EVEREADY COMMISSIONS NEW EQUIPMENT |
| Eveready East Africa Limited - 30 June, 2009 |
| EVEREADY East Africa Limited (EEAL) today commissioned new battery manufacturing equipment at its Nakuru plant. |
| Eveready Announces Layoff |
| Eveready East Africa Limited - 01 April, 2009 |
| Eveready East Africa Ltd (EEAL) has announced the layoff of 26 employees. This is due to the effects of an unfair trading environment as well as cost-cutting measures being undertaken to improve the company’s trading prospects. |
| EVEREADY Making Inroads In The Flashlights Business |
| Eveready East Africa Limited - 01 April, 2009 |
| EVEREADY East Africa Ltd (EEAL), the region’s leading dry cell manufacturer, intends to market LED flashlights as an alternative source of cost-effective lighting in the market. |