IBPLC to Chart Path to Profitability as Rights Issue Offer Closes

The Rights Issue of International Breweries Plc , a leading brewer and part of AB InBev, the largest brewer in the world, has closed. The rights issue of 161,172,395,100 shares which opened on May 21, 2024, and closes on June 10, 2024, allowed shareholders to enhance their ownership stake in IBPLC by subscribing to six new Ordinary Shares for every one existing share held, at an issue price of ₦3.65 per share.

Together we will continue to brew success, deliver long-term value for our shareholders, and create a future with more cheers,' said David Tomlinson, Finance Director of International Breweries Plc. The tradability of the rights on the floor of the Nigerian Exchange Group ensures liquidity and accessibility for shareholders throughout the duration of the offer. Shareholders can download the form from official channels, including www.registrars.apel.com.ng, www.international-breweries.

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