Notice of Early Redemption of Kenya Shillings Eleven Billion (KES 11,000,000,000) Notes issued under the East African Breweries PLC 2021 Medium Term Note Programme (the MTN Programme)
East African Breweries PLC (EABL or the Issuer) hereby gives notice to all the holders of the outstanding Kenya Shillings eleven billion (KES 11,000,000,000) Medium Term Notes (the Notes) issued pursuant to its MTN Programme of the intention to exercise EABL's right of early redemption in respect of the outstanding Notes in accordance with Condition 6(b) (Early Redemption) of the Terms and Conditions of the Notes, as contained in the Information Memorandum dated 5 October 2021.
The early redemption will be effected on 29 October 2025 (the Early Redemption Date). The total outstanding principal amount of the Notes is Kenya Shillings eleven billion (KES 11,000,000,000) (the Principal Amount). The Notes will be redeemed at an amount equal to (i) the Principal Amount, together with (ii) accrued but unpaid interest from the preceding Interest Payment Date as set out in the relevant pricing supplement, up to and including the Early Redemption Date (the Early Redemption Amount).
On the Early Redemption Date, the Early Redemption Amount will be disbursed to the persons registered as holders of the Notes in the register maintained by the Central Depositories and Settlement Corporation as at 14 October 2025 (the Record Date).
Following the early redemption, the Notes will be delisted from the Fixed Income Securities Market Segment of the Nairobi Securities Exchange and this will mark the conclusion of the MTN Programme.
For and on behalf of East African Breweries PLC Angela Pearl Namwakira
Company Secretary
13th October 2025
DISCLAIMER:
This announcement has been issued with the approval of the Capital Markets Authority pursuant to the Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023 as amended. As a matter of policy, the Capital Markets Authority assumes no responsibility for the correctness of the statements appearing in this announcement.
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East African Breweries plc published this content on October 09, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 10, 2025 at 05:36 UTC.
East African Breweries Limited specializes in the production and marketing of beers and spirits. The group's activity is organized around 4 sectors:
- brewing and sale of beers: Tusker, Bell Lager, Pilsner, Guinness, White Cap, Senator and Allsopps names;
- production and sale of spirits: whisky (Johnnie Walker, J&B and VAT 69 names), vodka (Smirnoff and Cîroc), brandy (Richot), gin (Waragi and Tanqueray), liqueur (V&A), rum (Captain Morgan and Myers), and tequila (José Cuervo);
- production and sale of non-alcoholic beverages: Malta Guinness and Alvaro names;
- fabrication of glass bottles.
Net sales are distributed geographically as follows: Kenya (64.4%), Uganda (21.1%), and Tanzania (14.5%).
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