Last checked at 5 Feb 2015 11:53
Zambeef Products Plc
("Zambeef" or the "Company")
Directors' Dealings
Zambeef, the fully integrated agri-business with operations in Zambia, Nigeria and Ghana, has been notified of the following purchases of ordinary shares of ZMW0.001 each in the Company ("Ordinary Shares") in the market, by certain Directors of the Company (or their connected parties), as follows:
Director | Date of purchase | No. of Ordinary Shares Purchased | Price of Ordinary Shares purchased (pence) | No. of Ordinary Shares following purchase | Percentage of issued share capital held following purchase |
Francis Grogan1 Joint Chief Executive Officer |
3 February 2015 | 995,000 | 9.9949 | 4,591,631 | 1.85 |
Carl Irwin2 Joint Chief Executive Officer |
3 February 2015 | 995,000 | 9.9949 | 5,406,445 | 2.18 |
Yusuf Koya3 Executive Director | 3 February 2015 3 February 2015 | 99,500 103,220 | 9.9949 9.63 | 245,482 | 0.10 |
John Rabb4 Non-Executive Director | 3 February 2015 4 February 2015 | 4,000,000 131,187 | 10.05 10.05 | 12,000,000 | 4.84 |
1 The aggregate interests of Francis Grogan are held as follows: 995,000 held directly and 3,596,631 held indirectly through Banata Ltd.
2 Purchased by Tajar Limited, a company of which Carl Irwin is the beneficial owner. The aggregate interests of Mr Irwin are held as follows:
3,763 Ordinary Shares held directly, 4,562,682 held indirectly through Tajar Limited and 840,000 held indirectly through Applegum Pty Ltd.
3 Purchased by Yusuf Koya jointly with his spouse.
4 Purchased by the Wellspring Trust, a trust of which John Rabb is one of the discretionary beneficiaries. The aggregate interests of Mr Rabb are
held indirectly as follows: 7,868,813 held by Shaka Holdings Inc., acting as nominee for trusts of which Mr Rabb is one of the discretionary beneficiaries, and 4,131,187 held by the Wellspring Trust, a trust of which John Rabb is one of the discretionary beneficiaries.
-Ends-
For further Information, please contact:
Zambeef Products plc Tel: +260 (0) 211 369003
Francis Grogan, Joint CEO
Carl Irwin, Joint CEO
Strand Hanson Limited Tel: +44 (0) 20 7409 3494
Angela Hallett
James Spinney
Ritchie Balmer
Panmure Gordon Tel: +44 (0) 113 357 1150
Hugh Morgan
Peter Steel
Buchanan Tel: +44 (0) 20 7466 5000
Mark Edwards
Sophie McNulty