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[XNSA]>> ACTIVATION OF CODE FOR TRADING IN RIGHTS OF NIGERIAN BREWERIES PLC
(Source: NSE, Date: 04-Sep-2024)
 MARKET BULLETIN
4 September 2024			                                  NGXREG/IRD/MB58/24/09/04

Nigerian Breweries Plc: Activation of Code for Trading in Rights of Nigerian Breweries Plc 

Trading Licence Holders are hereby notified that trading in Nigerian Breweries Plc?s Rights Issue of 22,607,491,232 ordinary shares of 50 Kobo each at N26.50 per share on the basis of eleven (11) new ordinary shares for every existing five (5) ordinary shares held as at the close of business on Friday, 12 July 2024 opened on Monday, 2 September 2024.

Below are details of the Rights:

Issuer	                Nigerian Breweries Plc
Name	                NIGERIAN BREWERIES PLC 2024 RIGHTS
Quantum offered	22,607,491,232 ordinary shares of 50 Kobo
Rights Issue Price	N26.50
Symbol Code	RR24NIGBREW
ISIN	               NGRR24NIGBR4
Ratio	               11 for 5
Opening date	02 September 2024
Closing date	11 October 2024

Registrar	First Registrars & Investor Services Limited

This is for your information and records update, please.

 
Godstime Iwenekhai,
Head, Issuer Regulation Department


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