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    Tuesday, July 13, 2021

    Heineken Acquires Nigerian Breweries’ Shares Worth ₦138.68million

    Heineken Brouwerijen B.V, the majority shareholder in Nigerian Breweries Plc has further raised its equity stake in the brewer with the acquisition of additional 2,904,397 units at N47.75 per share (Reference Share Price, being the 10-day average closing share price of the Company’s traded shares starting on the 11th of March, 2021).

    According to the notice signed by Uaboi G. Agbebaku, Company Secretary, Nigerian Breweries Plc, the transaction was done on 8th June 2021 in Lagos via The Nigerian Exchange Limited by the foreign substantial shareholder.

    Nigerian Breweries Plc is a subsidiary of Heineken N.V. a company domiciled in the Netherlands, the latter having a sizeable per cent interest in the equity of Nigerian Breweries Plc, as shown in its financial results.

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