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Cambria Africa PLC (CMB)

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Tuesday 04 December, 2018

Cambria Africa PLC

Appointment of Joint Broker

RNS Number : 3575J
Cambria Africa PLC
04 December 2018
 

04 December 2018

Cambria Africa Plc

('Cambria Africa' or 'the Company')

 

Appointment of Joint Broker

 

Cambria Africa Plc (AIM: CMB), the AIM listed investment company, with controlling interests in companies well-positioned to benefit from the growth and modernisation of Zimbabwe's economy, is pleased to announce the appointment of SVS Securities plc to act as its joint broker with immediate effect.

Cambria Africa is focused on investments in operating companies in Zimbabwe. Its wholly owned operations in Zimbabwe are:

·     Payserv Africa, a FINTECH company with $7.57 million in revenues in FY 2018. Payserv's Paynet Zimbabwe subsidiary is responsible for switching 40% of all financial transactions in Zimbabwe. It also has a significant presence in payroll management and consumer loan processing.

·     Millchem Zimbabwe, a value chemicals distributor with $1.87 million in revenues in FY 2018.

Cambria's unaudited preliminary consolidated earnings in FY 2018 were 0.52 US cents per share on revenues of US $9.44 million.

 

Contacts


 



 

Cambria Africa Plc:

www.cambriaafrica.com

 

Samir Shasha

+44 (0) 207 669 0115

 

Email:

[email protected]

 



 

 

WH Ireland Limited:

www.wh-ireland.co.uk

 

James Joyce / Chris Viggor

+44 (0) 20 7220 1666

 



 

SVS Securities Plc                            

 +44 (0) 20 3700 0093

Tom Curran / Ben Tadd

 


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