The Capital Markets (Nairobi Securities Exchange Limited Shareholding) Regulations
2. Interpretation
2. Interpretation
In these Regulations unless the context otherwise requires—"acting in concert" means persons who pursuant to a formal or informal agreement or understanding actively co-operate through the acquisition by any of them of shares in a public listed company to obtain or consolidate control of that company;"Exchange" means the Nairobi Securities Exchange Limited;"private company" has the meaning assigned to it under the Companies Act (Cap. 486);"public company" has the meaning assigned to it under the Companies Act (Cap. 486); and"trading participant" means a licensed person with rights to trade at the Exchange.Source: Kenya Law