| IPO Details |
| Company Profile |
| Summary of the Offer |
| Important Highlights |
| Important Dates |
| Advisers and Vendors |
| Historical Financials |
| IPO Prospectus |
| In the News |
| Name | International Breweries plc |
| Security Type | Ordinary |
| Ticker | INTBREW |
| Reuters Code | |
| ISIN | NGINTBREW005 |
| Number of Employees | |
| Address | PMB 5104 |
| Lawrence Omole Way | |
| Ilesha, Osun State, Nigeria | |
| Website | |
| Phone | +234-036-461500; 460150 |
| Fax | |
| internationalbreweriesplc@yahoo.com | |
| Nature of Business | International Breweries Plc was incorporated in December 1971 by its founder and first Chairman, Dr. Lawrence Omole in collaboration with some of his business associates, under the name International Breweries Limited. With adequate back-up having been provided by the initial corporate and private investors, the Company commenced production in December 1978 with an installed capacity of 200,000 hectolitres of TROPHY lager beer per annum. Following the increasing demand for its product, in December 1982 the Company embarked upon an expansion programme to increase its brewing capacity to 500,000 hectolitres annually. To date, the Company's products are TROPHY lager beer and BETAMALT, a non alcoholic beve rage drink which came into production in 1988. International Breweries Plc has a subsisting Technical Services Agreement with Brauhaase International Management GmbH (a wholly owned subsidiary of Warsteiner Group of Germany), which owns 60.01% equity in International Breweries Plc. It has been the Technical Partner of International Breweries Plc since inception and became the majority shareholder at the time of the last share issue of the Company. |
| Offer Type | Public Offer | ||||||||||||||||||||
| Offer Method | Offer for Subscription | ||||||||||||||||||||
| Purpose | To enable International Breweries to rebuild the capital base of the Company and to carry out restructuring, staff right-sizing, improvement and expansion of production facilities. | ||||||||||||||||||||
| Utilization of Proceeds | The net proceeds of N 1,318,034,900 after deducting the costs of the Offer, estimated at N 73,965,100 (representing 5.31% of gross proceeds) would be utilised as follows:
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| Target Investors | |||||||||||||||||||||
| Par Value of each share | NGN 0.50 |
| Authorised Share Capital | 3,000,000,000 |
| Fully Paid Share Capital | 512,914,681 |
| Shares Offered for Sale | 1,600,000,000 |
| % of Fully Paid Shares Offered for Sale | 311.94% |
| Offer Price per Share | NGN 0.87 |
| Price Earning (PE) Ratio at Offer Price | 1.47 |
| Dividend Yield at Offer Price | -- |
| Offer Open Date | Friday, Aug 31, 2007 |
| Offer Close Date | Friday, Sep 28, 2007 |
| Allocation Begin Date | Friday, Oct 12, 2007 |
| Allocations End Date | Friday, Nov 09, 2007 |
| Results of Allocation Announced | Monday, Nov 19, 2007 |
| Crediting of CDS Accounts with Shares | Friday, Dec 07, 2007 |
| Dispatch of Share Certificates | Friday, Dec 07, 2007 |
| Dispatch of refund checks (if applicable) | Friday, Nov 23, 2007 |
| Commencement of Trading on The Nigeria Stock Exchange | Monday, Dec 24, 2007 |
| Key Numbers | |
| Fiscal Year End | December 31st |
| Currency | Nigeria-Niara (NGN) |
| Sales (in millions) | 20,649.30 |
| 1 Year Sales Growth | +11.65% |
| Annual Income Summary (in millions except EPS data) | ||||
| Mar 31, 2015 | Mar 31, 2014 | -- | Dec 31, 2012 | |
| Sales | 20,649.30 | 18,493.91 | -- | 13,269.87 |
| Pre-Tax Income | 2,815.55 | 3,925.50 | -- | 2,842.65 |
| Net Income | 1,946.49 | 2,105.50 | -- | 2,056.27 |
| Average Shares | -- | -- | -- | 2,112.91 |
| EPS | 0.59 | 0.64 | -- | 0.91 |
| Total DPS | -- | -- | -- | -- |
| Quarterly Income Summary (in millions except EPS data) | ||||
| -- | -- | -- | -- | |
| Sales | -- | -- | -- | -- |
| Cost of Goods | -- | -- | -- | -- |
| Gross Profit | -- | -- | -- | -- |
| Pretax Income | -- | -- | -- | -- |
| Net Income | -- | -- | -- | -- |
| Average Shares | -- | -- | -- | -- |
| EPS | -- | -- | -- | -- |
| Annual Balance Sheet Summary (in millions) | ||||
| Mar 31, 2015 | Mar 31, 2014 | -- | Dec 31, 2012 | |
| Cash & Equivalents | -- | -- | -- | -- |
| Total Current Assets | -- | -- | -- | -- |
| Total Liabilities | -- | -- | -- | -- |
| Share Holder Equity | -- | -- | -- | -- |
| Long Term Debt | -- | -- | -- | -- |
| Annual Consolidated Cash Flow (in millions) | ||||
| Mar 31, 2015 | Mar 31, 2014 | -- | Dec 31, 2012 | |
| Net cash flows generated from (used in) in operating activities | 3,151.23 | 6,271.58 | -- | 8,015.60 |
| Net cash flows generated from (used in) in investing activities | -5,754.93 | -4,097.43 | -- | 721.22 |
| Net cash flows generated from (used in) in financing activities | 3,063.99 | -2,809.67 | -- | -6,769.39 |
International Breweries plc Prospectus |
| International Breweries plc |
| International Breweries floats N1.3b offer |
| International Breweries plc - 31 Aug, 2007 |
| To enhance its positive capacity and repay its budging loan, International Breweries Plc, one of the companies quoted on the Nigerian Stock Exchange has floated a public offer to raise additional N1.3 billion. |