SAB to list SA’s biggest empowerment scheme

SAB to list SA’s biggest empowerment scheme

2021-05-11 07:54:00 PM

SAB to list SA’s biggest empowerment scheme

SAB Zenzele Kabili will have a listing share price of R40 and will hold R5.4bn worth of AB InBev shares

11 May 2021 - 18:22Mudiwa GavazaSAB Zenzele Kabili, the new black empowerment scheme from SAB, will list on the JSE on May 28, the company said on Tuesday.SAB Zenzele, SAB’s current empowerment scheme, is the largest broad-based BEE (B-BBEE) scheme in the history of SA’s fast-moving consumer goods sector, with a total maturation value of R9.7bn...

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What to do next for existing SAB Zenzele shareholdersSPONSORED | SABreweries SAB Zenzele Kabili will be listed on the B-BBEE segment of the JSE to facilitate liquidity and broaden ownership to other B-BBEE investors, including qualifying SAB employees, through a new employee stock ownership plan. SABreweries BEE must be scraped

What to do next for existing SAB Zenzele shareholdersSPONSORED | SABreweries SAB Zenzele Kabili will be listed on the B-BBEE segment of the JSE to facilitate liquidity and broaden ownership to other B-BBEE investors, including qualifying SAB employees, through a new employee stock ownership plan. SABreweries BEE must be scraped

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