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Pin to quick picksZccm Investments Holdings Plc Regulatory News (ZCC)

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Trading Statement

4 Dec 2018 07:00

RNS Number : 3084J
ZCCM Invs.Hldgs PLC
04 December 2018
 

 

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: 29 November 2018

 

 

 

 

 

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"]

 

TRADING STATEMENT

 

In accordance with Section 3.4(b) Lusaka Securities Exchange ("LuSE") Listings Requirements, the Board of Directors of ZCCM-Investments Holdings PLC (the "Company" or "ZCCM-IH") hereby advises the Shareholders of the Company that the Earnings Per Share ("EPS") for the financial year ended 31 March 2018 is expected to be approximately 34% higher than for the financial year ended 31 March 2017.

 

The movement in EPS is primarily attributed to the improved performance of most major mining companies in ZCCM-IH's portfolio and the continued increase in demand and hence prices for copper on the world market.

 

Shareholders are advised that the information contained in this trading statement has not been reviewed or reported on by the external auditors of the Company.

 

The Company expects its Provisional Abridged Financial Results for year ended 31 March 2018 to be released on Securities Exchange News Services ("SENS") and published in the local press on or about 30th November 2018. Accordingly, shareholders are advised to exercise caution when dealing in the Company's securities until publication of the results.

 

 

By Order of the Board

Chabby Chabala

Company Secretary

Issued in Lusaka, Zambia on Thursday, 29 November 2018

 

 

T | +260-211-232456

 

E | advisory@sbz.com.zm

 

W | www.sbz.com.zm

 

Stockbrokers Zambia Limited (SBZ) is a founder member of the Lusaka Securities Exchange and is regulated by the Securities and Exchange Commission of Zambia

First Issued on 29 November 2018

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
TSTGSBDDRXGBGIS
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