Last checked at 28 Feb 2022 08:32
SENS ANNOUNCEMENT
(the "Notice" or "Announcement")
ISSUER
ZCCM INVESTMENTS HOLDINGS PLC ("ZCCM-IH")
[Incorporated in the Republic of Zambia]
Company registration number: 119540000771
Share Code: ZCCM-IH
ISIN: ZM0000000037
Authorised by: Chabby Chabala - Company Secretary
SPONSOR
Stockbrokers Zambia Limited
[Founder Member of the Lusaka Securities Exchange]
[Regulated and licensed by the Securities and Exchange Commission of Zambia]
Contact Number: +260-211-232456
Website: www.sbz.com.zm
APPROVAL
The captioned Notice or Announcement has been approved by:
i. the Lusaka Securities Exchange ("LuSE")
ii. the Securities and Exchange Commission ("SEC")
iii. Stockbrokers Zambia Limited ("SBZ")
RISK WARNING
The Notice or Announcement contained herein contains information that may be of a price-sensitive nature.
Investors are advised to seek the advice of their investment advisor, stockbroker, or any professional duly licensed by the Securities and Exchange Commission of Zambia to provide securities advice.
ISSUED: 28 February 2022
ZCCM INVESTMENTS HOLDINGS PLC
[Incorporated in the Republic of Zambia]
Company registration number: 771
Share Code: ZCCM-IH
ISIN: ZM0000000037
["ZCCM-IH" or "the Company"]
DELAY IN RELEASING THE ZCCM-IH FINANCIAL STATEMENTS
In the past three years, many countries including Zambia have experienced challenging economic conditions exacerbated by the Covid -19 pandemic. The economic effects have been significant as evidenced in supply chain disruptions for most of Zambia's main trading partners, who have been in and out of lockdown during this period.
The aforementioned have led to a less than optimal operations of ZCCM-IH and its subsidiaries. Regrettably, this economic malaise and current restructuring processes to ensure portfolio efficiencies within ZCCM-IH has negatively impacted the issuance of our financial statements for 2020.
Going forward and with fresh impetus, the Board is committed to ensuring financial statements are issued on time in compliance with the various statutory, listing rules and regulations of the stock markets where ZCCM-IH is listed. To this effect, the 2021 financial statements will be issued by 31 March 2022.
By Order of the Board
Chabby Chabala
COMPANY SECRETARY
Issued in Lusaka, Zambia on 28 February 2022
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 28 February 2022