In accordance with Section 3.4(b) Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of ZCCM-Investments Holdings PLC (the “Company” or “ZCCM-IH”) hereby advises the Shareholders of the Company that the Earnings Per Share (“EPS”) for the financial year ended 31 March 2019 is expected to be approximately 45% lower than the financial year ended 31 March 2018.
The movement in the EPS is primarily attributed to losses recorded by the subsidiaries namely Ndola Lime Company Limited and Investrust Bank Plc.
Shareholders are advised that the information contained in this trading statement has not been reviewed or reported on by the external auditors of the Company.
The Company expects its Provisional Unaudited Financial Statements for year ended 31 March 2019 to be released on Securities Exchange News Services (“SENS”) and published in the local press on or about 5th September 2019. Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until publication of the results.
By Order of the Board
Issued in Lusaka, Zambia on 4th September 2019
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First Issued on 29th August 2019