Heineken Brouwerijen B.V has once again increased its stake in Nigerian Breweries Plc. The brewer in a notice to the Nigerian Stock Exchange (NSE) said Heineken Brouwerijen B.V which is one of its major shareholders, acquired additional 233,110 units.
Nigerian Breweries Plc is a subsidiary of Heineken N.V. a company domiciled in the Netherlands, the latter having a 55.95 per cent interest in the equity of Nigerian Breweries Plc, as shown in its half-year results.
Heineken Brouwerijen B.V, a substantial shareholder (foreign) bought these additional shares of Nigerian Breweries valued at N 9,310,413.40 (at an average price of N39.94 per unit) in two different transactions between 2nd & 3rd September 2020, according to the notice signed by Uaboi G. Agbebaku, Company Secretary, Nigerian Breweries Plc.
Breakdown of the share dealing by the insider showed that:
- 166,470 shares at N39.99
- 66,640 shares at N39.89
More details about the transaction
