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Pin to quick picksZccm Inv.hds.b Regulatory News (ZCC)

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Cautionary Announcement on Mopani Mines

15 Oct 2020 18:12

RNS Number : 2646C
ZCCM Invs.Hldgs PLC
15 October 2020
 

 

 

ZCCM INVESTMENTS HOLDINGS PLC

[Incorporated in the Republic of Zambia]

Company registration number: 119540000771

Share Code: ZCCM-IH

ISIN: ZM0000000037

["ZCCM-IH" or the "Company"]

 

FIRST CAUTIONARY ANNOUNCEMENT

 

The Board of ZCCM Investments Holdings Plc ("the Board") ("ZCCM-IH" or "the Company") wishes to advise Shareholders and the market that the Company is in discussions with Glencore Finance (Bermuda) Ltd regarding the future of Mopani Copper Mines Plc ("Mopani"). Glencore Finance is the major shareholder of Carlisa Investments Corporation which in turn is the majority shareholder of Mopani. The circumstances relating to the Company and the full impact of the discussions are currently being determined and may have a material effect on the price of the Company's securities.

 

Accordingly, Shareholders are advised to exercise caution when dealing in the Company's securities until a full announcement is made.

 

 

 

By Order of the Board

 

Chabby Chabala

Company Secretary

 

Issued in Lusaka, Zambia on Friday, 4th September 2020

 

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 4 September 2020

 

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END
 
 
ARIEAXESFEXEFFA
Date   Source Headline
16th Sep 20167:00 amRNSCautionary Announcement Delayed Financial Results
23rd Aug 20168:35 amRNSNotice of Change of Directorate
14th Jun 20163:51 pmRNSDirectors' Half Yearly Summary 30th September 2015
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23rd Dec 201410:30 amRNSTrading Statement
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27th May 20148:35 amRNSErratum Sheet- Re Rights Issue Circular
16th Apr 20144:33 pmRNSFinalisation Announcement re: Rights Issue
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27th Mar 20142:01 pmRNSConclusion of Balance Sheet (Replacement)
26th Mar 20144:08 pmRNSConclusion of the Balance Sheet Restructuring
27th Jan 20147:00 amRNSNotice of EGM
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10th Feb 20119:04 amRNSDirectorate Change
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28th Apr 20099:06 amRNSHalf Yearly Report
3rd Feb 20093:33 pmRNSResult of Tender Offer

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