July 25, 2014 3:29 AM ET

Electric Utilities

Company Overview of Umeme Limited

Company Overview

Umeme Limited distributes and supplies electricity in Uganda. The company’s distribution network comprises approximately 25,000 kilometers of medium and low voltage lines in the southeast Uganda. The company offers its services to approximately 574,465 customers. It serves domestic, commercial, street lighting, and medium and large industrial customers. The company was incorporated in 2004 and is based in Kampala, Uganda. Umeme Limited is a subsidiary of Umeme Holdings Limited.

Rwenzori House

Plot 1

Lumumba Avenue

PO Box 23841

Kampala,  

Uganda

Founded in 2004

1,345 Employees

Key Executives for Umeme Limited

Umeme Limited does not have any Key Executives recorded.

Umeme Limited Key Developments

Actis Considers Umeme Stake Sale

Actis Capital, LLP is looking to sell a substantial part of its majority interest in Umeme Limited (UGSE:UMEME). Umeme said that trading in its shares on the Uganda Securities Exchange has been halted for two weeks to give Actis time to consider the deal.

Umeme Limited, Annual General Meeting, May 15, 2014

Umeme Limited, Annual General Meeting, May 15, 2014., at 09:30 South Africa Standard Time. Location: Sheraton Kampala Hotel. Agenda: To receive the annual financial statements for the year ended 31 December 2013 and the directors' and auditor's reports thereon; to declare a final dividend for 2013; to approve the re-appointment of external auditors; to elect directors in place of those retiring in accordance with the provisions of the company's Articles of Association; to consider the Board's decision to issue and allot 13,100,000 shares under the company Employee Share Grant Scheme established in 2012; and to conduct any other business that may be conducted at the AGM.

Umeme Limited Recommends Dividend for the Year 2013

Umeme Limited has recommended a dividend payout of UGX 16.8 per share.

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