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
Related Articles

Military Rescues Wife of Late Major General Rabe Abubakar from Bandits

BY SUNDAY SAMUEL—The Nigerian Army, with air support from the Nigerian Air...

Immigration Officers, Army Arrest 46 Suspected Illegal Migrants in Ogun

Personnel of the Nigeria Immigration Service, working alongside soldiers of the Nigerian...

Nigeria, Ethiopia Sign Prisoner Transfer Deal for 98 Nigerian Inmates

BY NKECHI NAECHE -ESEZOBOR- Nigeria and Ethiopia have signed a prisoner transfer...

Nigeria’s National Identity Database Fully Functional, Secure and Supporting National Services — NIMC

The National Identity Management Commission (NIMC) has dismissed claims suggesting that Nigeria...