Last checked at 15 Jan 2020 08:42
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
ii. the Securities and Exchange Commission
iii. Stockbrokers Zambia Limited
DISCLAIMER AND 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: 14 January 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"]
NOTICE OF INCORPORATION OF ZCCM GOLD COMPANY LIMITED
In line with one of its strategic objectives in mining, ZCCM Investments Holdings Plc ('ZCCM-IH') wishes to announce the incorporation of ZCCM Gold Company Limited (ZCCM Gold). ZCCM Gold was incorporated on 10 January 2020. ZCCM Gold will spearhead and manage gold mining activities in Zambia. Its activities will include but not limited to gold exploration, mining, processing, marketing and value addition.
ZCCM Gold is owned 51% by ZCCM-IH and 49% by the Government of the Republic of Zambia through the Minister of Finance.
The ZCCM-IH Board is confident that ZCCM Gold will add value to the Company's current mining portfolio, provide an opportunity for ZCCM-IH to expand its activities in the mining sector and contribute to the National Treasury.
By Order of the Board
C Chabala
Company Secretary
Issued in Lusaka, Zambia on 14 January 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 14 January 2020 | |