RNS
6th November 2015
Zambeef Products plc
("Zambeef" or the "Group")
Resignation of Director
Zambeef (AIM: ZAM), the fully integrated agribusiness with operations in Zambia, Nigeria and Ghana, announces that Charles Mpundu has resigned as a Non-Executive Director of the Company and will step down from the Board with immediate effect.
Charles joined the Board on 1st February 2014 as a Non-Executive Director representing local Zambian institutional shareholders. He has now retired from his role as Director General of NAPSA (National Pension Scheme Authority) and, consequently, has formally resigned from the Zambeef Board.
Zambeef Chairman, Dr Jacob Mwanza, commented: "Charles' expertise and knowledge of the Zambian market has been greatly valued over his nearly two years on the Board. We are very grateful to him for his significant contribution to Zambeef's growth and expansion in the period and we wish him well for the future."
- Ends -
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
Tel: +44 (0) 20 7409 3494
Angela Hallet
James Spinney
Panmure Gordon
Tel: +44 (0) 20 7886 2500
Dugald Carlean
Tom Salvesen
Peter Steel
Finncap
Tel: +44 (0) 20 7220 0500
Joanna Scott
Raymond Greaves
Powerscourt
Tel: (0) 20 7250 1446
Nick Dibden
Sophie Moate
Nick Brown