USL disclosure of sale of equity shares of UBL

RNS Number : 4010S
Diageo PLC
07 July 2015
 



7 July 2015

United Spirits disclosure of sale of equity shares of United Breweries Limited

United Spirits Limited, a subsidiary of Diageo plc, today notified the Bombay Stock Exchange of the sale of its outstanding equity holding amounting to 8,500,000 shares in United Breweries Limited to Heineken International B.V. at a price of Rs 1,030 per share. The aggregate consideration net of brokerage costs is Rs 8,720 million.

Following the completion of this sale, United Spirits Limited will hold no shares in United Breweries Limited.

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Diageo is a global leader in beverage alcohol with an outstanding collection of brands across spirits, beer and wine categories. These brands include Johnnie Walker, Crown Royal, JεB, Buchanan's, and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness.

 

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