Director Dealing

RNS Number : 5530F

Zambeef Products PLC

21 February 2018

 

21 February 2018

Zambeef Products plc

("Zambeef" or the "Group") 

Director Dealing

Zambeef (AIM:ZAM), the fully integrated agri-business with operations in Zambia, Nigeria and Ghana, announces that, on 20 February 2018, Tim Pollock, Group Managing Director, purchased 50,000 ordinary shares of ZMW0.01 each in the Group ("Ordinary Shares") at a price of 12.4 pence each.

Following the transaction, Mr Pollock's total interest in the Group is now 100,000 Ordinary Shares, representing 0.03% of the total voting rights of the Group.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.

For further information, please contact:
Zambeef Products plc	Tel: [phone]
Carl Irwin, Joint Chief Executive Officer
Francis Grogan, Joint Chief Executive Officer
Strand Hanson Limited (Nominated & Financial Adviser)	Tel: [phone]
James Spinney
Ritchie Balmer
Frederick Twist
finnCap            (Broker)	Tel: [phone]
Emily Morris Christopher Raggett
Powerscourt (Financial PR)	Tel: [phone]
Nick Dibden

Notes to the editors - Information on Zambeef

The Zambeef Group is one of the largest integrated cold chain food producers in Zambia, involved in the production, processing, distribution and retailing of beef, chicken, pork, milk, eggs, dairy products, fish, flour and stock feed. The Group also has large cereal row cropping operations (principally maize, soya beans and wheat), with approximately 7,971 hectares of row crops under irrigation, which are planted twice a year and a further 8,623 hectares of rain-fed/dry-land crops available for planting each year.

Further information can be found on www.zambeefplc.com

**ENDS**

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBLITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tim Pollock
2.	Reason for the Notification
a)	Position/status	Group Managing Director
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Zambeef Products plc
b)	LEI	213800U7PEKOUE14NP20
4.	Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the Financial instrument, type of instrument	Ordinary Shares of ZMW0.01  each
	Identification code	ZM0000000201
b)	Nature of the Transaction	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) 12.4 pence 50,000
d)	Aggregated information Aggregated volume Price	N/A (Single transaction)
e)	Date of the transaction	20 February 2018
f)	Place of the transaction	AIM (LSE)

 

END

 

 

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