Champion Breweries Plc to hold 50th Annual General Meeting in Lagos 

2 months ago 52
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Champion Breweries Plc has announced that its 50th Annual General Meeting (AGM) will take place on Thursday, May 21, 2026, at 11:00 a.m. at the Oriental Hotel, 3 Lekki Road, Victoria Island, Lagos.

The milestone AGM comes at a pivotal point in the company’s history, following a year of significant strategic moves. These include the acquisition of Bullet Energy Drink and a successful capital‑market transaction that raised growth capital. The developments underscore Champion Breweries Plc’s focus on strengthening its competitive position, broadening its product portfolio, and delivering long‑term value to shareholders.

The company has also advanced its transition to a Group structure by acquiring an 80 % stake in enJOYbev B.V. The acquisition has already begun to contribute positively to earnings, with the subsidiary’s operating profitability now being consolidated into the Group accounts for the first time. This early financial contribution validates the company’s international expansion strategy.

In line with its commitment to transparency and shareholder engagement, the AGM will be held in person and will also be streamed live on the company’s official website.

Shareholders will review key statutory and governance matters, including the Audited Financial Statements for the year ended December 31, 2025, and the Reports of the Directors, Auditors, and the Audit Committee. Other agenda items include the declaration of dividends, the election and re‑election of Directors, authorisation for Directors to determine auditor remuneration, and the election or re‑election of shareholders’ representatives to the Audit Committee.

Prior to the meeting, Chairman of the Board of Directors, Imo Abasi Jacob, described the year under review as a pivotal phase in the company’s evolution.

“This AGM reflects a defining chapter in our journey as a Company. The acquisition of Bullet, our successful capital‑market engagement, and the integration of enJOYbev B.V. into our Group structure all signal a deliberate strategy for sustainable growth and diversification. These milestones position Champion Breweries Plc for stronger performance, broader market reach, and enhanced shareholder value. We remain committed to disciplined execution, operational excellence, and the highest standards of corporate governance,” he said.

The Board of Directors reaffirms Champion Breweries Plc’s commitment to strong governance, operational efficiency, and sustainable value creation as it continues to expand its footprint within and beyond Nigeria.

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