Heineken purchases additional units of Nigeria Breweries Shares

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Melvin

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Major shareholder of the largest brewer in Nigeria, Heineken Brouwerijen B.V bought 3,354,227 additional share units of Nigerian Breweries indicating a total of 11,074,463 has been accumulated by the company since 30th June.

Information on the transactions was disclosed via notification sent by the company to the Nigeria Stock Exchange which indicates that the purchase consideration for the 3,354,227 additional units of the Nigeria Breweries shares at an average price of N41.6 per unit is put at N138 million.

The purchase was made on the bourse over three transactions on the 8th, 9th and 11th of September.
 
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