Champion Breweries Plc has commenced trading on its 2025 Rights Issue, offering 994,221,766 ordinary shares of 50 kobo each at a price of N16.00 per share on the Nigerian Exchange Limited (NGX).
According to the notification issued to Trading Licence Holders, the offer opened on Monday, November 24, 2025, following the company’s approval to raise new equity through a structured issuance programme targeted at existing shareholders.
The Rights Issue is being offered on the basis of one (1) new ordinary share for every nine (9) ordinary shares held as at the close of business on Thursday, September 4, 2025. The process allows qualifying shareholders to take up additional shares at a predetermined price, strengthening the company’s capital position ahead of its operational plans for 2026.
Key Details of the Champion Breweries Plc Rights Issue
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Issuer: Champion Breweries Plc
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Symbol Name: CHAMPION BREWERIES PLC 2025 RIGHTS
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Quantum Offered: 994,221,766 ordinary shares of 50 kobo each
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Rights Issue Price: N16.00 per share
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Symbol Code: RR25CHAMP
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ISIN: NGRR25CHAMP0
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Ratio: 1 new share for every 9 existing shares held
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Opening Date: 24 November 2025
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Closing Date: 05 January 2026
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Registrar: Africa Prudential Plc
The offer is expected to enhance the company’s equity structure, support long-term expansion initiatives, and provide existing shareholders an opportunity to increase their stake at a discounted entry price.
Champion Breweries will complete allotment and listing formalities upon close of the Rights Issue, in line with NGX regulatory requirements.
