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.
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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
