FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange“) has approved the listing of Champion Breweries PLC’s (“Champion Breweries” or the “Issuer”) ₦30.00 Billion Series 1, 5-Year, 19.50% Senior Unsecured Fixed Rate Bond under its ₦45.00 Billion Bond Issuance Programme on its platform. This approval by the Exchange’s Board Listings and Markets Committee enables Champion Breweries to access capital efficiently while providing investors with the benefit of a transparent marketplace. This reinforces the Exchange’s role as Africa’s foremost platform for credible, transparent, and efficient long-term debt capital market financing.

Champion Breweries is a leading Nigerian beverage manufacturing company producing high-quality alcoholic and non-alcoholic beverages for consumers nationwide. The net proceeds from the bond issuance, sponsored by Rand Merchant Bank Nigeria Limited, a Registration Member (Listings) of FMDQ Exchange, will be used to enhance operational efficiency, modernise production infrastructure, strengthen the company’s capital base, and fuel sustainable expansion growth, positioning Champion Breweries to deliver sustained value to its stakeholders and reinforce its position in the Nigerian market. A Senior Unsecured Fixed Rate Bond is a debt instrument that pays a fixed interest rate and is repaid over a set period, with priority over other unsecured obligations.

Commenting on this listing, the Group Chief Operating Officer of FMDQ Group PLC, Ms. Tumi Sekoni, stated: “We are delighted to welcome the listing of Champion Breweries PLC’s ₦30.00 Billion Senior Unsecured Fixed Rate Bond on FMDQ Exchange. This transaction reflects continued growth in the Nigerian breweries sub-sector and provides Champion Breweries with efficient access to long-term institutional capital. It also reinforces FMDQ Exchange’s role as the platform of choice for credible corporate issuers in Nigeria’s debt capital markets. We remain committed to supporting market development and enabling businesses to raise capital that drives sustainable economic growth.”

FMDQ Exchange continues to play a transformative role in Nigeria’s capital markets by providing a dynamic, technology-enabled platform that promotes transparency, regulatory excellence, and market integrity, empowering corporate entities to access long-term capital and accelerate sustainable growth.

FMDQ Group PLC (“FMDQ Group”) is Africa’s first vertically integrated financial market infrastructure (“FMI”) group, strategically positioned to provide registration, listing, quotation and noting services for financial markets securities; an integrated trading platform, clearing & central counterparty, and settlement services for financial markets transactions; depository of securities, as well as data and information services, across the debt capital, derivatives and equity markets, among others, through its wholly owned subsidiaries – FMDQ Exchange, FMDQ Clear Limited, FMDQ Depository Limited and FMDQ Private Markets Limited. As a sustainability-focused FMI group, FMDQ Group, through FMDQ Exchange, operates Africa’s premier Green Exchange – FMDQ Green Exchange – positioned to lead the transition towards a sustainable future.