Africanhair PLC, trading as BeautyClick, a leading beauty e-commerce company has announced its intention to raise new equity by listing at the Nairobi Securities Exchange.
Speaking on the shareholders’ consent for an NSE listing, the company’s founder, and director Jesper Drescher, said that the shareholders’ unanimous decision sets the pace for the company to invite the public to invest as it seeks further capitalization to bolster its growth plan.
Founded in 2016, the company is a subsidiary of ClickBeauty International of Denmark, has appointed Standard Investment Bank as its lead transaction advisor.
CDSC Registrars Limited will act as the receiving Agent and Data Processing Consultant while Cooperative Bank will be the Receiving Bank.
Hill +Knowlton Strategies will be the Communication Consultants; other Advisors are JP Advocates LLP as the Legal Advisors; Kirenge and Associates as the Reporting Accountants.
