Source - RNS
RNS Number : 8571H
ZCCM Invs.Hldgs PLC
12 June 2017
 

SENS ANNOUNCEMENT

(the "Notice" or "Announcement")

 

ISSUER

 

 

 

 

 

 

 

 

 

 

 

 


ZCCM INVESTMENTS HOLDINGS PLC ("ZCCM-IH")


[Incorporated in the Republic of Zambia]

Company registration number:

119540000771

Share Code:

ZCCM-IH

ISIN:

ZM0000000037

Authorised by:

Chabby Chabala - Company Secretary



SPONSOR




 

 

 

 

 

 

 

 

 

 

 


Stockbrokers Zambia Limited


[Founder Member of the Lusaka Securities Exchange]


[Regulated and licensed by the Securities and Exchange Commission of Zambia]

Contact Number:

+260-211-232456

Website:

www.sbz.com.zm



APPROVAL




 

The captioned Notice or Announcement has been approved by:

 

i.      the Lusaka Securities Exchange ("LuSE")

 

ii.    the Securities and Exchange Commission ("SEC")

 

iii.   Stockbrokers Zambia Limited ("SBZ")

 

RISK WARNING

 

The Notice or Announcement contained herein contains information that may be of a price sensitive nature.

 

Investors are advised to seek the advice of their investment advisor, stockbroker, or any professional duly licensed by the Securities and Exchange Commission of Zambia to provide securities advice.

 

ISSUED: 12 June 2017


 

 

 

 

 

 

 

 

ZCCM INVESTMENTS HOLDINGS PLC

[Incorporated in the Republic of Zambia]

 

Company registration number: 771

 

Share Code: ZCCM-IH

ISIN: ZM0000000037

["ZCCM-IH" or "the Company"]

 

 

TRADING STATEMENT

 

 

 

In accordance with the Lusaka Securities Exchange ("LuSE") Listings Requirements, the Board of Directors of the Company wishes to advise the Shareholders of the Company that the Earnings Per Share ("EPS") for the year ended 31 March 2016 is expected to be approximately 195% lower than that for the year ended 31 March 2015.

 

The decline in earnings is mainly attributed to the underperformance of the mining sector resulting from the low global copper prices coupled with low production.

 

Shareholders are advised that the information contained in this Trading Statement has not been reviewed nor reported on by the external auditors of the Company.

 

The Company expects its results for the year ended 31 March 2016 to be released on SENS and published in the local press on or about 13 June 2017. Accordingly, shareholders are advised to exercise caution when dealing in the Company's Securities until publication of the results.

 

By order of the Board of Directors

 

Chabby Chabala

Company Secretary and Chief Corporate Services Officer

 

Issued in Lusaka, Zambia on 12 June, 2017

 

 

T    |     +260-211-232456

 

E    tyle="FONT-WEIGHT: bold">W HTMLPIPESYMBOL      www.sbz.com.zm

 

Stockbrokers Zambia Limited (SBZ) is a founder member of the Lusaka Securities

Exchange and is regulated by the Securities and Exchange Commission of Zambia

 

First Issued on 12 June 2017


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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