International Breweries Plc moves registered office to Banana Island.

The Management of International Breweries Plc has notified the Nigerian Stock Exchange of the relocation of its registered office from 23/26 Glover road in the Ikoyi axis of Lagos state to Banana Island.

This was disclosed in a notice sent to the exchange by the brewing giant. The notice, which was signed by Muyiwa Ayojimi, the company secretary, stated that the company’s new registered address has changed to Plot 5A, Abuja Street, Banana Island, Ikoyi-Lagos.

The firm stated that the change has been effected in the statutory form and that the disclosure is in line with prescribed rules of the NSE.

What you should know:

  • According to Wikipedia, International Breweries Plc was listed on the Nigerian Stock Exchange on 26th of April, 1994 after it became a public limited liability company. It has a technical services agreement with Brauhaase International Management GMBH, a subsidiary of Warsteiner Group of Germany, which owned 72.03% equity.
  • International Breweries had earlier reported a loss of N12.4 billion for FY 2020.

Leave a Reply

Your email address will not be published. Required fields are marked *