Nairobi Business Ventures (NBV) will give its advisers six million shares as compensation for their services in helping it purchase four companies, marking a rare non-cash payment for professional work among Nairobi Securities Exchange-listed firms.
MW & Company Advocates LLP, Callstreet Research and Analytics and abc Capital are advising NBV in its proposed acquisition of Air Direct Connect Limited, Aviation Management Solutions Limited, Delta Automobile Limited and Delta Cement Limited through a share swap.
