Brief: Heineken Purchases EUR 333 Mln In Shares From FEMSA

Heineken Holding NV

31/05/2023 07:07

May 31 (Reuters) - Heineken Nv  HEIN.AS :
    * PURCHASES EUR 333 MILLION IN SHARES FROM FEMSA
    * PURCHASE IS PART OF SELL-DOWN OFFERING BY FEMSA OF EUR 2.7
BLN
IN HEINEKEN SHARES AND EUR 1.0 BLN IN HEINEKEN HOLDING N.V.
SHARES AT SAME PRICES PER SHARE
    * THE IMPACT ON HEINEKEN’S NET DEBT / EBITDA (BEIA) RATIO IS
EXPECTED TO BE MINIMAL AND WILL BE EARNINGS-PER-SHARE ACCRETIVE
    * HAS TODAY PURCHASED FROM FEMSA APPROX. 2.5 MILLION SHARES
IN
HEINEKEN AT A PRICE OF EUR 92.75 PER SHARE
    * NOTES THAT UPON COMPLETION OF THE PURCHASE FEMSA WILL NO
LONGER
HOLD ANY SHARES IN HEINEKEN AND HEINEKEN HOLDING N.V. OTHER THAN
THE HEINEKEN HOLDING N.V. SHARES UNDERLYING THE EXCHANGEABLE
BOND
    * HOLDING'S POSITION AS CONTROLLING SHAREHOLDER IN HEINEKEN
WILL
NOT BE AFFECTED

Source text for Eikon:  ID:nGNEbvQ5SV 
Further company coverage:  HEIN.AS 

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