WorldStage– Majority shareholder N Seven Nigeria Limited has further strengthened its position in Guinness Nigeria Plc, acquiring an additional 499,987 ordinary shares in an open-market transaction valued at N185.44 million.
According to a fresh insider share dealing notification submitted to the Nigerian Exchange (NGX) on Wednesday, September 2, 2026, the transaction was executed on Tuesday, September 1, 2026, in Lagos at a price of N370.90 per share.
Key Highlights of the Disclosure:
Insider Entity: N Seven Nigeria Limited (Majority Shareholder / Tolaram Group subsidiary).
Transaction Type: Purchase of ordinary shares.
Volume Acquired: 499,987 units.
Execution Price: N370.90 per unit.
Total Value: N185,445,178.30.
Date & Venue: September 1, 2026 | Lagos (NGX open market).
The latest purchase follows a previous open-market acquisition of 550,092 units executed on August 28, bringing N Seven Nigeria’s total capital deployment across both transactions to over N387.5 million and reinforcing Tolaram Group’s continued strategic commitment to the brewer.
