public company kn lkl industry publishing founded 1965 headquarters lr no. 209 5604 funzi road industrial area nairobi kenya key people simon ngigi managing director francis thombe nyammo chairman revenue kes 848.4 million 2015 1 net income kes 90.6 million 2015 total assets kes 689.3 million 2015 total equity kes 380.4 million 2015 website homepage longhorn kenya limited is a publishing company founded in nairobi kenya in 1965 and is listed in the nairobi securities exchange . contents 1 overview 2 history 3 subsidiaries and investments 4 ownership 5 governance 6 see also 7 references 8 external links overview edit longhorn kenya limited commonly known as longhorn is the largest book publisher in the east african region . its headquarters are located in nairobi kenya with subsidiaries in kenya uganda and tanzania and distribution in malawi and rwanda . 2 history edit longhorn kenya limited operations commenced in kenya in may 1965 as longmans of kenya a wholly owned subsidiary of longman group international of the united kingdom . its main business was selling and promotion of longman publications published in uk . in december 1969 the company changed name to longman kenya limited . it was only until the 1970s when the company began printing locally . a government decision in the early 1990s led to the ban of importation of textbooks . this initiative led to reduced margins thus led to longman gradually reducing its shareholding in the business due to unattractive returns . in 1993 longman uk fully divested from the company when it sold its remaining 40 % shareholding to kenyan investors including centum investment company . as a result of this divestiture the company changed its name to longhorn kenya limited . 2 in october 1995 longhorn incorporated longhorn publishers uganda as its first foreign subsidiary in uganda . it later incorporated longhorn publishers tanzania limited in may 2005 . as a sales and promotions outfit for products developed by longhorn kenya . longhorn entered the rwanda and malawi markets in 2009 through agents . 3 longhorn shares were listed on the nse on 30 may 2012 through introduction . 4 this made it the only first publishing firm to go public in an industry valued at kes 12 billion in kenya alone . 5 in march 2015 the group announced its intention to re brand longhorn kenya to longhorn publishers to give it a regional look before proceeding to cross list its share on the dar es salaam uganda and the rwanda stock exchanges . 6 subsidiaries and investments edit the companies that comprise longhorn include the following 7 longhorn kenya limited nairobi kenya 100 % shareholding the flagship company of the group . offering publishing sales and promotions . longhorn publishers uganda kampala uganda 100 % shareholding offering sales and promotions in uganda . longhorn publishers tanzania dar es salaam tanzania 100 % shareholding offering sales and promotions in tanzania . ownership edit the shares of the longhorn kenya limited are traded on the nairobi securities exchange under the symbol lkl . the shareholding in the company s stock as at june 30 2014 was as depicted in the table below 1 longhorn kenya limited rank name of owner percentage ownership 1 centum investment 34.9 2 pacific futures and options limited 23.9 3 francis thombe nyammo 11.0 4 mureka investments limited 2.7 5 kamami investments limited 2.1 6 text book centre limited 2.0 7 samson kagengo ongeri 1.7 8 other 23.7 total 100.0 governance edit the running is overseen by a seven person board with francis thombe nyammo as the chairman and simon ngigi gachomo as the managing director . 1 see also edit centum investment nairobi securities exchange economy of kenya longman references edit a b c longhorn kenya limited 2014 annual report pdf . longhorn kenya limited . june 30 2014 . retrieved december 19 2014 . a b longhorn kenya limited about us longhorn kenya limited about us publisher longhorn kenya jumps on listing debut nairobi mover longhorn sets june listing date as cma approves application gachiri john 2015 03 18 . longhorn to cross list in east africa . business daily . nation media group . retrieved 2015 03 19 . longhorn kenya limited 2013 annual report page 60 external links edit longhorn home page rich management retrieved from https en.wikipedia.org w index.php title longhorn kenya limited & oldid 724048957 categories companies of kenyanairobicompanies listed on the nairobi stock exchangecompanies based in nairobieconomy of kenya1965 establishments in kenyapublishing companies established in 1965hidden categories engvarb from may 2014use dmy dates from may 2014pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout 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