Heineken Brouwerijen B.V Purchased Another 6.9m Shares in Nigerian Breweries

Heineken Brouwerijen B.V, a foreign substantial shareholder, has increased its stake in Nigerian Breweries, according to the latest statement from the company.

Heineken Brouwerijen B.V purchased another 6,894,409 ordinary shares of Nigerian Breweries between August 19 and 21.

In a statement signed by Uaboi G. Agbebaku, Company Secretary, Nigerian Breweries, Heineken Brouwerijen B.V purchased the shares in three transactions.

A break down showed 55,000 shares were purchased at N35.13 per unit while another 66,887 and 6,772,522 shares were purchased at N35.89 per share and N35.95 per share, respectively.

Therefore, Heineken Brouwerijen B.V purchased a total of 6,894,409 units
at an average price of N35.67 per unit from the Nigerian Stock Exchange in Lagos.

Heineken Brouwerijen B.V has now increased its stake in Nigerian Breweries by 7,241,451 shares in the month of August. See the details below.