The value of shares held under listed brewer EABL’s Employee Share Ownership Plan (Esop) has fallen by Sh340.6 million based on present versus acquisition cost, reflecting the fall in the company’s share price over the past three years.
EABL’s annual report for 2023 shows that it held 3.82 million shares under the plan — otherwise known as Treasury shares — which it acquired at a cost of Sh836.8 million equivalent to an average of Sh219.22 per share.
