FAQS
How do i join?
1. Must be a member of Stoke UK Diaspora Sacco.
2. Must buy at least 1 share upon joining the PLC.
3. Buy a minimum of 10 Investment capital shares worth a total of Kshs 100,000 within 6 months of joining.
4. There is no registration fees
2. Must buy at least 1 share upon joining the PLC.
3. Buy a minimum of 10 Investment capital shares worth a total of Kshs 100,000 within 6 months of joining.
4. There is no registration fees
Do my shares earn interest or dividends?
Yes. The shares for Stoke Investment PLC (SIP) will earn dividends and not interest. In our first AGM in 2023, members earned an interest of 17%
Can i withdraw my shares?
You can only sell the shares to the existing shareholders. The PLC will facilitate the transfer within 90 days.
How often does the PLC hold its AGM?
Once in year
Can the shares of the PLC be used as security for securing a loan from Stoke UK Diaspora Sacco?
Yes you can use PLC shares as a form of security to secure a loan from Stoke UK Diaspora Sacco
Does the share price remain the same?
The shares price is subject to changes. It can appreciate or depreciate depending on the performance of the company.
Can i withdraw or re-invest my dividends as cash?
Yes , A shareholder may withdraw dividends as cash or opt to reinvest in PLC
What is the cost of the shares
One share costs KSHS 10,000
What is the maximum number of shares a member can own?
No shareholder can have more than 49% of the total At any given time
Are the company books audited?
Yes. the PLC is audited by credible external auditors