24 Apr 2019 07:27
SENS ANNOUNCEMENT
(the "Notice" or "Announcement")
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ISSUER
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ZCCM INVESTMENTS HOLDINGS PLC ("ZCCM-IH")
[Incorporated in the Republic of Zambia]
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Company registration number: 119540000771
Share Code: ZCCM-IH
ISIN: ZM0000000037
Authorised by: Chabby Chabala - Company Secretary
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SPONSOR
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Stockbrokers Zambia Limited
[Founder member of the Lusaka Securities Exchange]
[Regulated and licensed by the Securities and Exchange Commission of Zambia]
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Contact Number: +260-211-232456
Website: www.sbz.com.zm
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APPROVAL
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The captioned Notice or Announcement has been approved by:
i. the Lusaka Securities Exchange
ii. the Securities and Exchange Commission
iii. Stockbrokers Zambia Limited
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DISCLAIMER AND RISK WARNING
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The Notice or Announcement contained herein contains information that may be of a price sensitive nature.
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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.
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ISSUED: 23 April 2019
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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"]
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INDUSTRIAL DEVELOPMENT CORPORATION LIMITED SETTLEMENT OF LOAN OWED TO ZCCM INVESTMENTS HOLDINGS PLC
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On 2 April 2018, ZCCM Investments Holdings Plc ("ZCCM-IH" or the "Company") and the Industrial Development Corporation Limited ("IDC"), majority Shareholder, entered into a related party transaction through a Loan Facility Agreement whereby ZCCM-IH advanced a loan amount of US$19,000,000 to the IDC with a maturity period of 12 months.
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ZCCM-IH wishes to announce that the IDC has fully settled the principal and interest amounts owed to ZCCM-IH. The payment was made on 2 April 2019 in line with the Loan Facility Agreement between the parties.
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By Order of theΒ Board
Chabby Chabala
Company Secretary
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Issued in Lusaka, Zambia on Tuesday, 23 April 2019
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Β | T | +260-211-232456 Β E | advisory@sbz.com.zm Β W | www.sbz.com.zm Β 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 Tuesday, 23 April 2019 | |
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