The Board of Directors of Nigerian Breweries Plc, Nigeria’s foremost brewing company, has announced the official listing of a newly allotted 20,706,894,542 ordinary shares on the Nigerian Exchange Limited(the “ NGX”).
The allotted shares, which come at 50k each, arose from the company’s Rights issue of 22,607,491,232 ordinary shares of 50kobo each at N26.50 per share, which ended recently.
According to a statement issued by the Legal Director/ Company Secretary, Uaboi Agbebaku, the allotted shares were formally listed on the Daily official list of the Nigerian Exchange Limited(the “NGX”) on Monday, December 30th, 2024.
Agbebaku noted that with this listing, the company’s total outstanding shares listed on the NGX have now increased from 10 276,132,378 ordinary shares to 30,983,026,920 ordinary shares of 50kobo each.
ALSO READ:
- Explosion At Shahid Rajaee Port, Iran, Kills Eight, Injures Over 100
- Flight Operations Resume At Enugu Airport Monday
- Access Bank Employee Secretly Records 400 Videos of Naked Colleagues – Report
- WhatsApp to Appeal Ruling on $220m FCCPC Fine
- FG Aims to Vaccinate 83 Million Children Against Polio
Publisher,
Lagos Post Online,
Lagos Post is an online publication that seeks to provide fair, unbiased, credible, balanced and useful information about Corporate Organisations, Governments and the General Public by breaking news in Business, Politics, Arts, Entertainment, Culture, and Sports in Nigeria, Africa and the World. As a global news portal, we continually stand for responsible journalism and sound media practice.
Mobile: +238025837037
Email: lagospostng@gmail.com
