Heineken Brouwerijen B.V acquires more units of Nigerian Breweries Plc

Must Read

List of United Bank for Africa (UBA) Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is held. The sort...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
- Advertisement -

Nigerian Breweries’ major shareholder, Heineken Brouwerijen B.V, has further increased its stake in the local brewer with the purchase of 194,599 additional units of Nigerian Breweries shares at an average price of N 40.02 per unit.

According to the notification sent to the Nigerian Stock Exchange, which was signed by the Company’s Secretary, Uaboi G. Agbebaku, the purchase was made on the bourse over two transactions on the 4th and 7th of September.

Breakdown of the transaction

  1. 134,587 shares at N40.02 per unit
  2. 60,012 shares at N40.01 per unit

Heineken Brouwerijen B.V Brandspurng acquires more units of Nigerian Breweries Plc
SOURCE: NSE

Insider Dealings (transactions), both sales and purchases, are often an indication of how shareholders perceive a company’s valuation. It could also mean a possible capital raise or that the majority of shareholders are strengthening their existing holdings.

Heineken Brouwerijen B.V acquires more units of Nigerian Breweries Plc
Heineken brings in James Bond to promote Heineken 0.0 | www.brandspurng.com

Nigerian Breweries Plc is the largest brewing company in Nigeria. It engages in the brewing and marketing of lager beer, stout and non-alcoholic malt drinks.
Its brands include Star, Gulder, Legend, Heineken, Maltina, Amstel Malta, Fayrouz, Climax, Goldberg, Malta Gold, and Life. These products are mainly sold in Nigeria and other neighbouring countries.
- Advertisement -
Heineken Brouwerijen B.V acquires more units of Nigerian Breweries Plc - Brand SpurHeineken Brouwerijen B.V acquires more units of Nigerian Breweries Plc - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Read Also:  Nigerian Breweries Trade Partners and the New Deal for the Consumers

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Heineken Brouwerijen B.V acquires more units of Nigerian Breweries Plc - Brand SpurHeineken Brouwerijen B.V acquires more units of Nigerian Breweries Plc - Brand Spur

Latest News

DLM Group Celebrates IWD With Abike Dabiri And Juliet Ehimuan

DLM Group continues its commitment to celebrate and enable Women leaders on International Women’s Day 2021. In commemoration of...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Heineken Brouwerijen B.V acquires more units of Nigerian Breweries Plc - Brand SpurHeineken Brouwerijen B.V acquires more units of Nigerian Breweries Plc - Brand Spur