Trading Statement

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:	[phone]
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    |     [phone]

E    tyle="FONT-WEIGHT: bold">W |      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

 

END

 

 

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