- A total of 6,300,000,000 ordinary shares of 50 kobo each belonging to Champion Breweries Plc were admitted to trade on the Exchange on Wednesday December 24, 2014.
- This arose as a result of the recently concluded rights issue which closed on September 10th, 2014, thus increasing the issued quantity of the company’s share to 7,200,000,000.
- They recently embarked on a rights issue (which closed September 10th 2014). The rights issue involved giving shareholder on the register as at 7th May 2014 a chance to buy 7 new shares for every 1 held at a price of N1.85 per share.
- The stock has lost 65% in the last one year
- Heineken Group owns 57% of Champion Breweries via an entity called Raysum Nigeria Ltd
Official: NSE Admits Additional 6.3billion Units of Champion Breweries Stocks
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