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

7 Jul 2015 | Press release

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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.