Extension of Period for Trading

RNS Number : 4494J

ZCCM Invs.Hldgs PLC

12 June 2014

 

ZCCM INVESTMENTS HOLDINGS PLC

(Incorporated in the Republic of Zambia)

(Registration number 771)

Share code: ZCCM-IH

ISIN: ZM0000000037

("ZCCM-IH" or "the Company")

RENOUNCEABLE CLAW-BACK RIGHTS OFFER

              EXTENSION OF PERIOD FOR TRADING OF LETTERS OF ALLOCATION (LAs) ON THE LUSAKA STOCK EXCHANGE (LuSE) AND THE OFFER PERIOD

INTRODUCTION

In compliance with the Listing Rules of the Lusaka Stock Exchange ("LuSE") and further to the Declaration Announcement dated Friday, 11 April 2014 and Finalisation Announcement dated Tuesday, 15 April 2014, shareholders are advised that the period for trading or dealing in Letters of Allocation ("LAs" or "rights") on the LuSE and Claw-back Rights Offer period, in regard to the ZCCM-IH Claw-back Rights Offer, has been extended to 27 June 2014.

BASIS OF EXTENSION

ZCCM-IH has noted that many shareholders have experienced delays in receiving their Claw-back Rights Offer Circular document (and LAs) via the post, and hence the Company has decided to extend the trading period for LAs and the Rights Offer Period to Friday, 27 June 2014. The revised time line for the trading of LAs and the Claw-back Rights Offer Period is shown under the revised Salient Dates and Times below.

It should be noted that as per this Extension of Period of LA's trading and Offer Period Announcement the Claw-back Rights Offer will now close on Friday, 27 June 2014, and not Friday, 13 June 2014 as previously declared.

A soft copy of the Claw-back Rights Offer Circular to Shareholders can be accessed online on the ZCCM-IH website using the following link: http://www.zccm-ih.com.zm/images/stories/reports/rro.pdf 

If shareholders have not received the Claw-back Rights Offer Circular they are advised to contact any one of the authorised Receiving Agents listed below urgently.

African Alliance Securities Zambia Limited	Madison Asset Management Company Limited
The Coliseum, Block A Ground Floor, Bwinjimfumu Road Rhodes Park, Lusaka Tel: [phone] Fax: [phone] Contact person: Funi Buku Email:  [e-mail]	MLife Building, Dar es Salaam Place, South of Main Post Office, Cairo Road and Church Road, Lusaka Tel: [phone] Fax: [phone] Contact person: Likonge Banda Email:  [e-mail]
Equity Capital Resources Plc	Pangaea Securities Limited
House No. 12, Mushemi Road, Long Acres, Lusaka Tel: [phone] Contact person: Choongo Chibawe Email:  [e-mail]	Third Floor, North Wing, Farmers House, Central Park Cairo Road, P.O. Box 30163,Lusaka Tel: [phone] Fax: [phone] Contact person: Wendy Tembo Email:  [e-mail]
Intermarket Securities Limited	Stockbrokers Zambia Limited
Farmers House, Central Park, Corner Cairo Road and Church Road, P.O. Box 32238, Lusaka Tel: [phone] Fax: [phone] Contact person: Joseph Mazila Email:  [e-mail]	2nd Floor Stock Exchange Building Central Park, Cairo Road, P.O. Box 38956, Lusaka Tel: [phone]/232456  Fax: [phone] Contact person: Kapembwa Mulenga Email:  [e-mail]

REVISED SALIENT DATES AND TIMES

The revised salient dates and times pertaining to the ZCCM-IH Claw-back Rights Offer are as follows:-

Day	Date	Event
Friday	09 May 2014	Last day to register for Claw-back Rights Offer - the Record Date
Monday	12 May 2014	Letters of Allocation (LAs) listed on the LuSE
Friday	27 June 2014	Last day for dealing in LAs on the LuSE
Friday	27 June 2014	Offer closes (14:00 hrs) - earliest date
Friday	11 July 2014	Results announcement - tentative date for results of the Claw-back Rights Offer
Monday	14 July 2014	New Rights Offer Shares listed on the LuSE

NEXT ANNOUNCEMENT

The Last Announcement giving the results of the close of the Claw-back Rights Offer will be published on or around Friday 11 July 2014.

Lusaka, Zambia 12 June 2014

Sponsoring Broker       

STOCKBROKERS ZAMBIA LIMITED

[MEMBER OF THE LuSE and REGULATED BY THE SECURITIES AND EXCHANGE COMMISSION OF ZAMBIA] 

                                                                                                                                                                                                                                                                     FIRST ISSUED on 12 JUNE 2014

 

END

 

 

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