Trading Statement

RNS Number : 7351S

ZCCM Invs.Hldgs PLC

10 July 2015

 

SENS ANNOUNCEMENT

(the "Notice" or "Announcement")

ISSUER

ZCCM INVESTMENTS HOLDINGS PLC ("ZCCM-IH")

[Incorporated in the Republic of Zambia]                        

Company registration number:        771

Share Code:                                           ZCCM-IH

ISIN:                                                       ZM0000000037

Authorised by:                                     Chabby Chabala - Company Secretary

SPONSOR

Stockbrokers Zambia Limited

[Member of the Lusaka Stock Exchange]

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

Contact Number:                 [phone]

Website:                                                www.sbz.com.zm

APPROVAL

The captioned Notice or Announcement has been approved by:

i.      the Lusaka Stock Exchange

ii.    the Securities and Exchange Commission

iii.   Stockbrokers Zambia Limited

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.

FIRST ISSUED: 1 July 2015

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 Stock Exchange Limited ("LuSE") Listings Requirements, the Board of Directors advises the Shareholders of ZCCM Investments Holdings PLC ("the Company") that for the interim period ended 31 March 2015, the basic earnings per share is expected to be 199% higher, and the headline earnings per share is expected to be 199% higher, than those for the interim period ended 31 March 2014.

Although copper prices continued to decline from an average of US$ 6,740 per tonne in October 2014 to US$6,082 per tonne as at end of March 2015, the company increased its profitably largely due to exchange gain as well as profits in associate companies.

Shareholders are advised that the information contained in this trading statement has not been reviewed or reported on by the external auditors of the Company. 

The Company expects its results for the interim period ended 31 March 2015 to be released via the LuSE SENS and published in the local press on or about 2 July 2015. Accordingly, shareholders are advised to exercise caution when dealing in the Company's securities until publication of the results.

Lusaka, Zambia - 1 July 2015

LUSAKA STOCK EXCHANGE SPONSORING BROKER

 STOCKBROKERS ZAMBIA LIMITED

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

T:     [phone]

W:   www.sbz.com.zm

First Issued 1 July 2015

 

END

 

 

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