Optimisation of ZCCM-IH listings via Odd Lot Offer

Summary by AI BETAClose X

ZCCM Investments Holdings Plc is proposing a Listing Optimisation Project to streamline its shareholder registers across the Lusaka Securities Exchange, Euronext Access, and London Stock Exchange, which may materially affect its share price. A key component is a potential Odd-Lot Offer for shareholders holding 100 or fewer shares, representing 72.55% of shareholders but only 0.05% of total shares, allowing them to sell their holdings for cash or retain them. This initiative aims to reduce administrative costs, improve shareholder traceability, and enhance trading liquidity, with final terms and offer price to be announced after obtaining necessary approvals, including a potential general meeting.

Disclaimer*

ZCCM Invs.Hldgs PLC
04 September 2026
 

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ZCCM Investments Holdings Plc

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

Optimisation of ZCCM-IH listings on Lusaka Securities Exchange, Euronext Access and London Stock Exchange via an Odd Lot Offer

 

ZCCM Investments Holdings Plc ("ZCCM-IH" or the "Company") refers shareholders to its Cautionary Announcement dated 10 July 2026 and the subsequent cautionary announcement issued on 28 August 2026 and advises that it is progressing with a proposed Listing Optimisation Project involving its listings on the Lusaka Securities Exchange ("LuSE"), Euronext Access Paris and the London Stock Exchange ("LSE").

If implemented, the proposed transactions may have a material effect on the price of ZCCM-IH securities.

 

Proposed Odd-Lot Offer

As part of the Listing Optimisation Project, the Company is considering an Odd-Lot Offer for shareholders holding 100 or fewer ZCCM-IH shares.

As at 20 July 2026, ZCCM-IH had approximately 5,013 shareholders across its three share registers. Of these, 3,637 shareholders (72.55%) held 100 or fewer shares, representing collectively approximately 0.05% of the Company's total shares in issue.

The proposed Odd-Lot Offer is intended to:

·      simplify and optimise the Company's shareholder registers;

·      reduce the administrative and compliance costs associated with maintaining highly fragmented shareholdings;

·      improve shareholder traceability and communication;

·     provide Odd-Lot Holders with an efficient liquidity mechanism to realise their investment where the relatively small size of their holdings may render a market sale uneconomic; and

·      support more efficient trading, price discovery and liquidity in ZCCM-IH shares.

 

What Will Happen to Odd-Lot Shareholders?

Subject to the required approvals and the final terms of the Offer, eligible shareholders will have the opportunity to either sell their Odd-Lot holdings to ZCCM-IH for cash or retain their shares.

The Offer Price and final terms will be announced once the necessary approvals have been obtained and the Offer has been finalised.

 

Approvals and Next Steps


The proposed Odd-Lot Offer remains subject to the applicable legal, regulatory and shareholder approvals.

Where required, the Company will seek approval at a General Meeting of shareholders. A detailed Circular will be issued to shareholders before the meeting, setting out the full terms of the proposed Offer, including the Offer Price, eligibility criteria, shareholder options, and the implementation process.

Shareholders are therefore advised to continue to exercise caution when dealing in the Company's securities until a further announcement is made.

 

-Ends-

 

Enquiries:

 

 

ZCCM Investments Holdings Plc

T: +260-211-221023

E: corporate@zccm-ih.com.zm



Stockbrokers Zambia Limited

(LuSE Advisor and Sponsoring Broker)

T: +260-211-232456

E: advisory@sbz.com.zm

 


Bowsprit Partners Limited

(UK Financial Adviser & Corporate Broker)

T: +44 (0) 203 833 4430

 

 


 

About ZCCM Investments Holdings Plc

 

ZCCM Investments Holdings PLC is a premier diversified mining investments and operations company with a primary listing under ISIN number ZM0000000037 on the Lusaka Securities Exchange in Zambia, and secondary listings on the London Stock Exchange and the Euronext Access Exchange in Paris.

 

For more information, visit: https://www.zccm-ih.com.zm

 

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