SEC, NGX Approve Nigerian Breweries’ N599bn Rights Issue

LAGOS – Following receipt of the approval of its shareholders in April 2024, Nigerian Breweries Plc has now received clearance of the relevant documents from the Securities and Exchange Commission and NGX Regulation Limited. The company plans to raise N599,098,517,648.00 by way of a Rights Issue. A total of 22,607,491,232 Ordinary Shares of 50 kobo [...]

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