ZCCM-IH | Cautionary Announcement

Shareholders of ZCCM Investments Holdings Plc (“ZCCM‐IH”) are advised that there are circumstances and developments relating to some companies where ZCCM‐IH Plc has a shareholding, the full impact of which are currently being determined and which may have a material effect on the price of the company’s securities.

The developments relate to the following:‐

Offer by Barrick Gold Corporation:

Barrick Gold Corporation of Canada has offered to purchase all outstanding common shares of Equinox Minerals Limited (“Equinox”) by way of a negotiated take‐over bid as detailed in the announcement posted on the Equinox website [http://www.equinoxminerals.com ]. Equinox currently owns 100% shares in Lumwana Mining Company Limited which operates in Zambia.

Offer by Vale Limited:

Vale Limited has issued an announcement of a firm intention to acquire the entire issued and to be issued ordinary share capital of Metorex Limited (“Metorex”) as detailed in the announcement posted on the Metorex Limited website [http://www.metorexgroup.com ]. Metorex owns 85% shares in Chibuluma Mines Plc which operates in Zambia.

Investors and the general public are hereby informed that ZCCM‐IH has a circa 2% shareholding in Equinox Minerals Limited and a 15% shareholding in Chibuluma Mines Plc.

Accordingly shareholders are advised to exercise caution when dealing in the company’s securities until a full announcement is made.

Lusaka, Zambia ‐ 06 May 2011

2016-06-14T16:36:15+00:00May 11th, 2011|Corporate announcements|Comments Off on ZCCM-IH | Cautionary Announcement