SENS ANNOUNCEMENT
(the "Notice" or "Announcement")
ISSUER
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ZCCM INVESTMENTS HOLDINGS PLC ("ZCCM-IH") |
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[Incorporated in the Republic of Zambia] |
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Company registration number: 119540000771 |
Share Code: |
ZCCM-IH |
ISIN: |
ZM0000000037 |
Authorised by: |
Chabby Chabala - Company Secretary |
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SPONSOR |
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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: 28 June 2019
ZCCM INVESTMENTS HOLDINGS PLC
[Incorporated in the Republic of Zambia]
Company registration number: 119540000771
Share Code: ZCCM-IH
ISIN: ZM0000000037
["ZCCM-IH" or "the Company"]
NOTICE OF INCORPORATION OF KABUNDI MINING RESOURCES LIMITED |
At its Special Board Meeting held on 29 March 2019, the ZCCM Investments Holdings Plc ('ZCCM-IH') Board approved the incorporation of a mining operating Company. In line with one of its strategic objectives in mining value creation, ZCCM Investments Holdings Plc ('ZCCM-IH') wishes to announce the incorporation of Kabundi Resources Limited ('KRL') a wholly owned subsidiary. KRL is located in Chief Muchinda's area in Serenje District, Central Province. KRL is a mine operating company whose main activities include mining, processing and marketing of manganese and other non-ferrous metals. KRL was registered on 8 May 2019.
The ZCCM-IH Board is confident that KRL will add value to the Company's current mining portfolio and provide an opportunity for ZCCM-IH to expand its activities in the mining sector.
By Order of the Board
C Chabala
Company Secretary
Issued in Lusaka, Zambia on 28 June 2019
T | +260-211-232456
E | [email protected]
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 28 June 2019
