Heineken Brouwerijen B.V Acquires Additional 72,500 Shares in Nigerian Breweries

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Insider Dealing: Heineken Brouwerijen B.V Purchases 274,542 Shares in Nigerian Breweries

Heineken Brouwerijen B.V, a foreign substantial shareholder, acquired another 72,500 shares in Nigerian Breweries Plc (NBPLC) at N36.00 per unit while Ojakovo Joy Onoeme, the General Manager, Progress Trust CPFA Limited (Nigerian Breweries Plc subsidiary) also purchased 3,000 units at N34.50 per unit.

In a notification signed by Uaboi G. Agbebaku, Company Secretary released by the Nigerian Stock Exchange, Heineken Brouwerijen B.V transaction took place on 14th & 18th August 2020 while that of Ojakovo Joy Onoeme took place on 13th August 2020.

The stock price of Nigerian Breweries Plc at N35 on Thursday on the Nigerian Stock Exchange as at Noon despite 15 transactions involving 36,252 shares valued at N1,284,837.80.

Earlier Brand Spur reported that Heineken Brouwerijen B.V between 11th -13th August 2020 increased its stake in the brewer with the purchase of 274,542 units at N35.76 per unit (average) and Chief Kolawole Babalola Jamodu, a Non-Executive Chairman on 13th August 2020 purchased 10,000 shares at N37.00.

Transaction Details

Heineken Brouwerijen B.V Acquires Additional 72,500 Shares in Nigerian Breweries Heineken Brouwerijen B.V Acquires Additional 72,500 Shares in Nigerian Breweries