Last checked at 28 Dec 2018 07:42
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 ("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: 26 December 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 six-month period ended 30 September 2018 is expected to be approximately 476% higher than for the six-month period ended 30 September 2017.
The movement in EPS is primarily attributed to the improved profits in associate companies and exchange gains. This improved performance is mainly due to the continued increase in demand 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 Interim Financial Results for the six-month period ended 30 September 2018 to be released on Securities Exchange News Services ("SENS") and published in the local press on or about 28th December 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 Wednesday, 26th December 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 26 December 2018 | |