Umeme Ltd (UMME)

umeme-ltd

Company Overview:

Umeme Ltd is an electricity distribution company. The Company’s core business activities include electricity distribution and electricity supply and after sales service. Its electricity distribution engages in the operation, maintenance, upgrading and expansion of the distribution network within Uganda. The distribution network consists of approximately 26,202 kilometers of medium- and low voltage lines covering all hubs in the country. The Company’s electricity supply and after sales service, which includes connection of new customers to the distribution network; meter reading, billing and revenue collections; customer complaints resolution; restoration of power after interruptions; general customer care, including provision of information on services; customer sensitization on energy efficiency, energy losses and safety, and marketing of available power to customers. Its customers are categorized into domestic, commercial, medium industrial, large industrial and street lighting.

Shares Traded:                               1.62B

Trading Year End:                     December 31

UMEME LTD (UMME) TOP SHAREHOLDERS

 NAMEOWNERSHIP (%)
National Social Security Fund Uganda23.17
Kimberlite Frontier Africa Master Fund6.50
Allan Gray5.44
Investec Asset Management4.92
Utilico Emerging Markets Ltd4.31
Ashmore3.40
Duet Group2.97
International Finance Corporation2.78
Coronation Global Opportunities Fund2.62
Kattegat Trust1.96
Others41.93
Total100.00