Heineken announces employee share ownership plan

Further to merger conditions imposed by the South African competition authorities, beer maker Heineken Beverages South Africa has announced the launch of an employee share ownership plan (ESOP) that will benefit its almost 5 000 South African employees.  Employees will participate through a workers trust, which will hold a 6% stake in Heineken. The scheme is open to all current and future South African full-time employees, as well as fixed-term contractors of Heineken’s South African operations.