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  ZCCM company press release from 22/10/2021

  22/10/2021 - 19:30

ZCCM-IH_PRESS STATEMENT/MARKET ANNOUNCEMENT


SENS ANNOUNCEMENT

(the “Notice” or “Announcement”)

ISSUER

ZCCM INVESTMENTS HOLDINGS PLC (“ZCCM-IH”)

[Incorporated in the Republic of Zambia]

Company registration number: 119540000771

Share Code: ZCCM-IH

ISIN: ZM0000000037

Authorised by: Chabby Chabala – Company Secretary

SPONSOR

Stockbrokers Zambia Limited

[Founder Member of the Lusaka Securities Exchange]

[Regulated and licensed by the Securities and Exchange Commission of Zambia]

Contact Number: +260-211-232456

Website: www.sbz.com.zm

APPROVAL

The captioned Notice or Announcement has been approved by:

  1. the Lusaka Securities Exchange (“LuSE”)
  2. the Securities and Exchange Commission (“SEC”)
  3. Stockbrokers Zambia Limited (“SBZ”)

RISK WARNING

The Notice or Announcement contained herein contains information that may be of a price sensitive nature.

Investors are advised to seek the advice of their investment advisor, stockbroker, or any professional duly licensed by the Securities and Exchange Commission of Zambia to provide securities advice.

ISSUED: 22 October, 2021

ZCCM INVESTMENTS HOLDINGS PLC

 [Incorporated in the Republic of Zambia]

Company registration number: 771

Share Code: ZCCM-IH

ISIN: ZM0000000037

[“ZCCM-IH” or “the Company”]

ZCCM-IH MARKET ANNOUNCEMENT

Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH”) are referred to the public censure announcement issued by the LuSE and the ZCCM-IH press statement dated 21 October 2021.

Shareholders are informed that ZCCM-IH takes cognisance of the announcement and regrets the breach of the LUSE Listing Rules (“the Rules”). The company would like to assure its stakeholders that ZCCM-IH remains committed to adhering to the LUSE Listing rules and regulations, having disclosed the details of the cited matter in the Directors' Interim Unaudited Financial Results for ZCCM-IH and its subsidiaries (“the Group”) for the six months period ended 30th June 2021, issued on 7 October 2021, as the initial step in remedying the breach.

The action in question was not taken with the view to deliberately disregard the Rules but was necessitated by the urgent need to safeguard the strategic national asset.

Once again, ZCCM-IH regrets the unfortunate occurrence.

By Order of the Board

Chabby Chabala

Company Secretary

Issued in Lusaka, Zambia on 22 October 2021

Lusaka Securities Exchange Sponsoring Broker
  T | +260-211-232456

E | advisory@sbz.com.zm

W | www.sbz.com.zm

Stockbrokers Zambia Limited (SBZ) is a member of the Lusaka Securities
Exchange and is regulated by the Securities and Exchange Commission of Zambia

First Issued on 22 October 2021.


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  Original Source: ZCCM