ZCCM First Cautionary – Sell-Down

The Board of ZCCM-IH (“the Board”) wishes to advise Shareholders and the market that in order to comply with the Lusaka Securities Exchange (“LuSE”) free-float requirement, the Government of the Republic of Zambia (“GRZ”) has requested ZCCM-IH to commence the process of selling 27,961,237 (17.3%) class B shares held by GRZ on its behalf.

Accordingly, pending completion of the sale of the Government’s 17.3% B Class shareholding in ZCCM-IH, shareholders are advised to exercise caution when dealing in the Company’s securities.

By Order of the Board
Chabby Chabala
Company Secretary

Issued in Lusaka, Zambia on 24 November 2017

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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 24 November 2017

2017-11-27T10:36:27+00:00 November 24th, 2017|Corporate announcements|Comments Off on ZCCM First Cautionary – Sell-Down