Diageo PLC Launch of partial tender offer (9049O)
February 06 2023 - 2:00AM
UK Regulatory
TIDMDGE
RNS Number : 9049O
Diageo PLC
06 February 2023
Launch of partial tender offer for shares in East African
Breweries PLC
6 February 2023, London - Today, following the announcement made
on 14 October 2022, Diageo, through its wholly-owned indirect
subsidiary, Diageo Kenya Limited ("Diageo Kenya"), announces that
it has launched a partial tender offer to increase its aggregate
equity stake in East African Breweries PLC ("EABL") from its
current 50.03% to a maximum of 65%.
The tender offer price is Kenyan Shillings 192.00 per ordinary
share and the maximum number of shares subject to the tender offer
is 118,394,897. The tender offer period will run from 6 February
2023 to 17 March 2023. Further details are set out in the tender
offer documents, which are available to shareholders of EABL on
http://www.diageokenya-eabloffer.com.
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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