Diageo PLC Close of partial tender offer for shares in EABL (0544U)
24 Marzo 2023 - 8:00AM
UK Regulatory
TIDMDGE
RNS Number : 0544U
Diageo PLC
24 March 2023
Close of partial tender offer for shares in East African
Breweries PLC
24 March 2023, London : Diageo, through its wholly-owned
indirect subsidiary Diageo Kenya Limited (" Diageo Kenya "), is
pleased to announce that it has successfully completed the partial
tender offer to increase its aggregate equity stake in East African
Breweries PLC ("EABL") from the current 50.03% to 65% (the " Tender
Offer ").
Noting that the Tender Offer was oversubscribed, Diageo Kenya
applied the scale-down mechanism, specified in the Tender Offer
Document, to purchase a pro-rata proportion of the shares that were
tendered.
For further information please contact:
Investor relations :
Durga Doraisamy +44 (0) 7902 126 906
Andy Ryan +44 (0) 7803 854 842 investor.relations@diageo.com
Media relations :
Clare Cavana +44 (0) 7751 742 072
Isabel Batchelor +44 (0) 7731 988 857
press@diageo.com
About EABL
EABL is a regional leader in beverage alcohol with an
exceptional collection of brands across beer and spirits. Although
the business is concentrated on three core markets of Kenya, Uganda
and Tanzania, its products are sold in more than 10 countries
across Africa and beyond. These include among others Tusker,
Guinness, Bell Lager, Serengeti Lager, Kenya Cane, Chrome Vodka,
Johnnie Walker, Captain Morgan and Smirnoff. EABL's ambition is to
be one of the best performing, most trusted and respected consumer
products companies in Africa.
About Diageo
Diageo is a global leader in beverage alcohol with an
outstanding collection of brands including Johnnie Walker, Crown
Royal, J B and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One
vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and
Guinness.
Diageo is a global company whose products are sold in more than
180 countries around the world. The company is listed on both the
London Stock Exchange (DGE) and the New York Stock Exchange (DEO).
For more information about Diageo, our people, our brands, and
performance, visit us at www.diageo.com . Visit Diageo's global
responsible drinking resource, www.DRINKiQ.com , for information,
initiatives and ways to share best practice.
Celebrating life, every day, everywhere.
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END
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