Stock Market
Insider Dealings: Heineken Brouwerijen B.V Adds to Stake in Nigerian Breweries
Heineken Brouwerijen B.V Acquires More Stakes in Nigerian Breweries
Heineken Brouwerijen B.V, a foreign substantial shareholder, has acquired another ordinary share in Nigerian Breweries Plc to increase its stakes in the company.
Heineken Brouwerijen B.V carried out the acquisition in three different transactions in August.
The statement signed by Uaboi G. Agbebaku, Company Secretary, Nigerian Breweries Plc, showed that Heineken Brouwerijen B.V first bought 12,000 shares at N36.09 on August 27, 2020.
On August 28 and 31, Heineken Brouwerijen B.V purchased another 158,882 shares and 21,521 shares at N37.51 and N37.78 per unit, respectively.
Aggregate information showed Heineken Brouwerijen B.V purchased a combine 192,403 units at an average price of N37.13 per unit.
In recent months, Heineken Brouwerijen has been increasing its stake in Nigerian Breweries, another assurance of a solid future.