For those of you that have been holding BUD for a while, you will be aware that 12 months ago, DM, Richard Jacroux and a handful of other executives voluntarily re-escrowed shares for a further 12 months. This period of time is due to expire very shortly.
I contacted the company to ask them would we receive a communication in respect of the intentions of the individuals involved (will they re-escrow. sell etc) and was advised the company will issue an announcement to market outlining the intentions. Keep an eye out for that.
On a separate note, BUD should see some benefit to revenues from a falling AUD. Will be interesting to see in the upcoming 4c and associated commentary if any mention of this. It is far from the main game, but given the current circumstances any helping hand is most welcome.
Curious to see if we will receive a shareholder letter reviewing 2018. Somehow I don't think we will...
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Shares held in escrow & impact of falling AUD
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