[INTBREW]>> PROPOSED RIGHTS ISSUE (Source: INTBREW, Date: 06-Nov-2019)
International Breweries Plc - Proposed Rights Issue

Dealing Members are hereby notified that International Breweries Plc (International Breweries or the Company) has through its Stockbroker, Chapel Hill Denham Securities Limited, submitted an application to The Nigerian Stock Exchange for the approval and listing of a Rights Issue of Eighteen Billion, Two Hundred and Sixty-Six Million, Two Hundred and Six Thousand, Six Hundred and Fourteen (18,266,206,614) ordinary shares of Fifty Kobo (N0.50) each at N9.00 per share on the basis of 17 new ordinary shares for every 8 ordinary shares held.

The Qualification Date for the Rights Issue is today, Wednesday, 6 November 2019.

This is for your information and necessary action, please.