Home News Nigerian Breweries ₦599 Billion Rights Issue Still Open
News

Nigerian Breweries ₦599 Billion Rights Issue Still Open

Share
Share

The Nigerian Breweries PLC (“NB” or “the Company”) has commenced a Rights Issue of 22,607,491,232 Ordinary Shares at N26.50 per share on the basis of Eleven (11) new ordinary shares for every Five (5) ordinary shares held as of Friday, 12th of July, 2024.

This Offer is currently ongoing and will close on Friday, 11th of October, 2024.

As an existing shareholder, this is a prime opportunity to expand your investment in one of Nigeria’s leading companies. New investors are also welcome to participate by acquiring Traded Rights through our Stockbroking Team.

Please see below the summary of the indicative terms of the offer.

Please click the links below to download the participation form and Rights Circular (Information Memorandum) as they offer valuable information on the investment opportunity in the NB.

Rights Issue – Participation Form – Download here

The Rights Circular – Download here

Source FSDH Report

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

NANS Raises Alarm Over Insecurity, Says It Threatens Nigerian Education

The National Association of Nigerian Students on Friday raised alarm over the...

Bauchi Govt Suspends Four Senior Officials For Misconduct

The Bauchi State Government, through the State Civil Service Commission on Friday...

Genocide: Pope Mourns Violence In Nigeria, Says It Affects Both Christians, Muslims

Following series of violence in Nigeria, Pope Leo XIV on Friday said...

UPDATE: IPOB Condemns Court Ruling, Rejects Kanu’s Life Imprisonment

The Indigenous People of Biafra (IPOB) has rejected the life imprisonment handed...