Nigerian Breweries Announces Listing of New 20,706,894,542 Ordinary Shares

Posted on January 1, 2025

The Board of Directors of Nigerian Breweries Plc, Nigeria’s foremost brewing company, has announced the official listing of a newly allotted 20,706,894,542 ordinary shares on the Nigerian Exchange Limited (the “NGX”).

The allotted shares, which come at 50k each, arose from the company’s Rights issue of 22,607,491,232 ordinary shares of 50kobo each at N26.50 per share, which ended recently.

According to a statement issued by the Legal Director/ Company Secretary, Uaboi Agbebaku, the allotted shares were formally listed on the Daily official list of the Nigerian Exchange Limited(the “NGX”) on Monday, December 30th, 2024.

Agbebaku noted that with this listing, the company’s total outstanding shares listed on the NGX have now increased from 10 276,132,378 ordinary shares to 30,983,026,920 ordinary shares of 50kobo each.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

BY VICTOR OJELABI Family, friends, and colleagues gathered on Thursday October 16, to celebrate... Continue
Wema Bank Plc has announced it has received all requisite regulatory approvals for its... Continue
OLALEKAN ONI  The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD),... Continue
Justice Sunmonu Tunde Bashiru, of the Lagos State High Court, fixed November 10, 2025,... Continue
Malta Guinness, Nigeria’s premium malt drink renowned for fueling the greatness and positive energy... Continue
The popular Lagos International Trade Fair Complex along the Lagos-Badagry Expressway has remained Nigeria’s... Continue
SIMBO OLORUNFEMI  Politics Today on Channels TV last Friday. Standing in for Seun Okinbaloye... Continue
KINGSLEY EBERE  Police operatives from the Tactical team of the Lagos State Command have... Continue
President Bola Tinubu will soon commission Nigeria’s most advanced lithium processing factory in Nasarawa... Continue
CHUKA UBAH The Rivers State Police Command, in a daring operation, arrested two suspected... Continue

UBA


Access Bank

Twitter

Sponsored