Trading Statement

RNS Number : 2483C

ZCCM Invs.Hldgs PLC

15 October 2020

 

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: 30 September 2020

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 Section 3.4(b) Lusaka Securities Exchange ("LuSE") Listings Requirements, the Board of Directors of ZCCM-Investments Holdings PLC (the "Company" or "ZCCM-IH") hereby advises the Shareholders of the Company that the Earnings Per Share ("EPS") for the Group Unaudited Half Year Results for the Period Ended 30^th June 2020   is expected to be approximately 241% higher than the Unaudited Half Year Results for the Period Ended 30^th September 2019.

The movement in the EPS for Group is primarily attributed to the increase in net finance income coupled with a 129% increase in share of profit in associate companies for the period ended 30^th June 2020. The latter was mainly due to improved performance of the 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 to issue the Unaudited Half Year Results for the Period Ended 30^th June 2020 on the Securities Exchange News Services ("SENS") and published in the local press on or about Friday 2^nd October 2020.

Accordingly, shareholders are advised to exercise caution when dealing in the Company's securities until publication of the results.

By Order of the Board

Chabby Chabala

Company Secretary

Issued in Lusaka, Zambia on Wednesday, 30^th September 2020

	T   |  [phone] E   |  [e-mail] 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 30 September 2020

 

END

 

 

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