Heineken Brouwerijen B.V, the major shareholder of the largest brewer in Nigeria, has purchased 144,965 units of additional shares of the Nigerian Breweries Plc.
The company in a notification to the Nigerian Stock Exchange and signed by the Company’s Secretary, Uaboi G. Agbebaku, said the purchase was made on the bourse in two transactions on the 10th and 26th of August.
This disclosure is a regulatory requirement that must be reported to the Nigerian Stock Exchange, especially when a major shareholder or director of a publicly quoted company purchases shares in the company they own.
The analysis of these transactions indicates that the purchase consideration for the 144,965 additional units of Nigeria Breweries shares at an average price of N34.21 per unit is put at N4.9 million.
This purchase and previous purchases further cement Heineken Brouwerijen B.V’s status as a major shareholder; the company has accumulated a total of 11,219,428 since 30th June.
Comments are closed.