Source - RNS
RNS Number : 1140K
Zambeef Products PLC
16 September 2016

                                                                                                                                                16 September 2016


Zambeef Products Plc

("Zambeef" or the "Company")


Completion of CDC Investment


Zambeef is pleased to announce that, further to the Company's announcement of 4 August 2016, all of the conditions precedent to CDC Group plc's ("CDC") US$65 million investment into Zambeef have now been satisfied, or a delay to satisfaction mutually agreed between the Company and CDC, and accordingly the transaction has completed.


For further information, please contact:


Zambeef Products plc

Tel: +260 (0) 211 369003

Carl Irwin, Joint Chief Executive Officer

Francis Grogan, Joint Chief Executive Officer                                                              

Strand Hanson Limited (Financial & Nominated Adviser)

Tel: +44 (0) 20 7409 3494

James Spinney

Ritchie Balmer

Frederick Twist


Finncap  (Broker)

 Tel: +44 (0) 20 7220 0500

Joanna Scott

Raymond Greaves


Powerscourt (Financial PR)


Tel: +44 (0)20 7250 1446

Nick Dibden

Sophie Moate      

Nick Brown


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 ("MAR").



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