Cautionary Announcement on Mopani Mines
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"]
FIRST CAUTIONARY ANNOUNCEMENT
The Board of ZCCM Investments Holdings Plc ("the Board") ("ZCCM-IH" or "the Company") wishes to advise Shareholders and the market that the Company is in discussions with Glencore Finance (Bermuda) Ltd regarding the future of Mopani Copper Mines Plc ("Mopani"). Glencore Finance is the major shareholder of Carlisa Investments Corporation which in turn is the majority shareholder of Mopani. The circumstances relating to the Company and the full impact of the discussions are currently being determined and may have a material effect on the price of the Company's securities.
Accordingly, Shareholders are advised to exercise caution when dealing in the Company's securities until a full announcement is made.
By Order of the Board
Chabby Chabala
Company Secretary
Issued in Lusaka, Zambia on Friday, 4th September 2020
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T | +260-211-232456
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 |
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First Issued on 4 September 2020 |
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