Nigerian Breweries Plc

Nigerian Breweries Plc, has completed its ₦599 billion rights issue programme, raising a total of ₦548.7 billion, achieving a 91% subscription rate. The Company had offered 22,607,491,232 ordinary shares at ₦26.50 per share. The transaction marks the largest equity raise in the history of the Nigerian capital market. The Company, in a statement to the NGX on 13th December, announced that it received the clearance of the Securities and Exchange Commission (the “SEC”) for the allotment of 20,706,894,542 ordinary shares of 50 Kobo each at ₦26.50 Kobo per share under the rights issue. The rights issue is part of Nigerian Breweries’ business recovery plan to strengthen the Company’s capital base, by deleveraging its balance sheet, eliminating certain FX-related exposures, and reducing bank borrowings, thereby giving the Company greater financial flexibility to promote business growth and continuity. Lead Issuing House- Vetiva Capital Management Limited (Advisory) Joint Issuing House- Stanbic IBTC Capital Limited Solicitors- Banwo & Ighodalo Stockbrokers- Stanbic IBTC Stockbrokers Limited, Vetiva Securities Limited, Foresight Securities & Investments Limited, Greenwich Securities Limited, and Lighthouse Capital Limited Auditors- Deloitte Registrar FIRST REGISTRARS AND INVESTOR SERVICES LTD .

Here’s a fun challenge for the NB all-stars 😏! Can you guess the brands by just their icons? Hit us up in the comments and remember… No peeking😉! #RelaxItsDecember #Festivity #WeAreNigerianBreweriesPlc #BrewABetterWorld

We're thrilled to share that our Corporate Affairs Director, Sade Morgan, has been named Corporate Communications Professional of the Year at the 2024 Lagos Public Relations Industry Gala and Awards! This well-deserved recognition is a testament to Sade's exceptional leadership, strategic vision, and dedication to driving business growth through excellent and best-in-class communications. Congratulations, Sade! Here's to many more wins! #CorporateAffairs #HumansOfNB #LAPRIGA2024 #WeAreNigerianBreweriesPLC #BrewABetterWorld

For us in Naija, the holiday is a packed season where every part counts. Whether it’s hot jollof or “we outside”, there is always something to look forward to. What part of the holidays are you most excited about? #RelaxItsDecember #Festivity #WeAreNigerianBreweriesPlc #BrewABetterWorld

Drinking out with friends? Plan ahead by choosing a designated driver. Make it a season of unforgettable memories. Embrace responsible drinking. #SafetyFirst #December #DrinkResponsibly #WeAreNigerianBreweriesPlc #BrewABetterWorld

A message of thanks from our incoming Board Chair, Mrs. Juliet Anammah, to our valued stakeholders. We remain grateful for your partnership and support. #NigerianBreweries #WeAreNigerianBreweriesPLC #StakeholderAppreciation #NBNewBoardChairman #BrewABetterWorld

This season is the perfect time to relax, unwind, and maybe, even embark on a little adventure. 🌟 What’s on your holiday to-do list? #RelaxItsDecember #Festivity #WeAreNigerianBreweriesPlc #BrewABetterWorld

Our MD/CEO and the Chairman of the Beer Sectoral Group (BSG) of the Manufacturers Association of Nigeria, Hans Essaadi, led the group’s launch of the 2024 'Don’t Drink and Drive' campaign in partnership with the Federal Road Safety Corps (FRSC) in Lagos. The campaign which began in 2017 aims to promote road safety, and highlights the commitment of leading brewers—Nigerian Breweries Plc, Guinness Nigeria, and International Breweries Plc—to fostering responsible drinking in Nigeria. #WeAreNigerianBreweriesPLC #RoadSafety #ResponsibleDrinking #BrewABetterWorld #DontDrinkAndDrive

Nigerian Breweries Plc Appoints New Board Chair We are delighted to announce the appointment of Mrs. Juliet Anammah as the substantive Chair of the Nigerian Breweries PLC Board, effective January 1, 2025. Mrs. Anammah succeeds our interim Chairman, Mr. Sijbe "Siep" Hiemstra, who led the board from January 1, 2024, to December 31, 2024. We extend our gratitude to Siep for his leadership during a challenging year and appreciate his service as he continues as a member of our board. As we welcome Mrs. Anammah, a trailblazing leader who becomes our first female Board Chair, we mark a significant milestone in our company's history. We look forward to her strategic guidance and vision. #WeAreNigerianBreweriesPLC #BrewABetterWorld #JulietAnammah #BoardChair

It’s the last lap of the year and also time to buckle down and achieve those goals. What goals do you plan to achieve this week? Tell us in the comments. #RelaxItsDecember #HolidayVibes #WeAreNigerianBreweriesPlc #BrewABetterWorld