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Pin to quick picksZambeef Prod. Share News (ZAM)

Share Price Information for Zambeef Prod. (ZAM)

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Share Price: 5.75
Bid: 5.50
Ask: 6.00
Change: 0.00 (0.00%)
Spread: 0.50 (9.091%)
Open: 5.75
High: 5.75
Low: 5.75
Prev. Close: 5.75
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TRADING UPDATES: Condor finishes drilling at La Mestiza open pit mine

Thu, 21st Oct 2021 14:45

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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Condor Gold PLC - mine developer in Nicaragua - Completes 8,004 metres of infill drilling at the La Mestiza open pit mine in La India Project, Nicaragua. Drilling includes 96 diamond core drill holes. Says the La India project has an open pit mineral resource of 92,000 tonnes at 12.1 grams per tonne of gold. "The Mestiza vein set remains open down dip and along strike in both directions, has parallel veins identified by rock chip sampling and trenching and has the potential for further significant discovery," Condor adds.

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Gulf Marine Services PLC - Abu Dhabi-based provider of support vessels for offshore oil, gas and renewables industries - Wins new 12-month contract for E-class vessel with engineering, procurement, and construction client in the Middle East and North Africa. Says the contract begins at the end of December, following completion of the vessel's existing contract. Another client exercises a two-year option, committing an S Class Vessel for all of 2022 and 2023.

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Seneca Growth Capital VCT PLC - St. Helens, England-based investment firm - Net asset value per B share reaches 102.3 pence at October 15, up 11% from 91.8p at the end of 2020. An increase in the value of the B share pool's AIM-quoted investments causes this rise in NAV. Says this increase was offset by the impact of the ordinary running costs of the company.

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Altona Rare Earths PLC - mining exploration company - Agrees to acquire 51% stake in Chambe Rare Earths Project in Southern Malawi via a joint venture with Akatswiri Mineral Resources Ltd. Says the project is held under an exploration licence granted on September 9 and valid until September 6, 2024. The licence will be transferred to Akatswiri, who will run the project and receive 1 million Altona shares. Expects total cash expenditure of GBP200,000 for the purchase of Chambe.

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AEW UK REIT PLC - UK commercial property investor - Net assets total GBP174.3 million at September 30, up 2.7% from GBP169.7 million at June 30. NAV per share reaches 110.0p per share at September 30, compared to 107.11p at June 30. Reports receiving 89% of rent for the quarter beginning September 29. Sells Langthwaite Industrial Estate, South Kirkby for GBP10.8 million and Wella Warehouse, Basingstoke for GBP5.9 million. Declares interim dividend of 2.00 pence per share for the three months ended September 30. Says this is in line with the company's target annual dividend of 8.00p per share.

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Custodian REIT PLC - Leicester, England-based real estate investment trust - Buys industrial unit on the Clifton Moor Industrial estate in York for GBP2.96 million. Funds purchase with existing debt facilities. The unit covers 28,601 square feet, occupied by Menzies Distribution Ltd for annual passing rent of GBP186,000. This rent offers a net initial yield of 5.9%, the company says.

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Zambeef Products PLC - Zambia-focused cold chain foods and retail business - For the year ended September 30, expects adjusted pretax profit to be between 65% and 75% ahead of current market expectations, while revenue is set to be 10% to 12%, driven by sustained consumer demand for products despite rising costs, prices and a difficult operating environment.

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By Scarlett Butler; scarlettbutler@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
5 Sep 2019 10:36

Zambeef fills CFO vacancy with Faith Mukutu

(Sharecast News) - Zambian food producer Zambeef appointed Faith Mukutu to its board as chief financial officer on Thursday, with immediate effect.

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13 Jun 2019 12:00

Zambeef Products Interim Figures Hit By Zambian Kwacha Problems

(Alliance News) - Meat and milk producer Zambeef Products PLC has swung to an annual loss, it said Thursday, as it operates in a "challenging" environment.Zambeef posted a pretax

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29 Mar 2019 12:43

Zambeef Products slips after cutting full-year profit guidance

(Sharecast News) - Zambeef Products' shares slid on Friday after it lowered its guidance, stating that it expects full-year adjusted profit before tax to be 30% to 40% below market expectations and that it is likely to report an interim trading loss.

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29 Mar 2019 12:22

Zambeef Products Warns On Interim Loss Amid Tough Market Conditions

LONDON (Alliance News) - Africa-focused agribusiness Zambeef Products PLC said on Friday it expects to report a trading loss for the first half of its financial year, and a full-year pretax profit

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22 Mar 2019 13:50

DIRECTOR DEALINGS: Zambeef Non-Exec Chair Mwanza Buys Stock

LONDON (Alliance News) - Food firm Zambeef Products PLC on Friday said Non-Executive Chair Jacob Mwanza bought shares worth over GBP30,000.Mwanza bought the shares in three different on 22,

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1 Mar 2019 17:08

Zambeef Promotes Upcoming CEO Walter Roodt To Executive Director

LONDON (Alliance News) - Food producer Zambeef Products PLC said it has promoted Deputy Managing Director Walter Roodt to executive director in preparation for making him chief executive at the of

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12 Feb 2019 11:35

Zambeef Products Chief Financial Officer Craig Harris Resigns

LONDON (Alliance News) - Zambeef Products PLC said Tuesday that Craig Harris has resigned as chief financial officer of the company and all units with immediate effect.The food producer in

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12 Feb 2019 08:13

Zambeef chief financial officer resigns

(Sharecast News) - African food producer Zambeef revealed on Tuesday that chief financial officer Craig Harris had stepped down from the group with immediate effect.

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5 Feb 2019 14:03

Zambeef Director Yusuf Koya Resigns, Appoints Designated CEO To Board

LONDON (Alliance News) - Zambeef Products PLC on Tuesday said Executive Director Yusuf Koya has resigned from the company's board with immediate effect.Koya joined Zambeef as group in a

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4 Feb 2019 18:21

DIRECTOR DEALINGS: Zambeef CFO Harris Sells Entire Holding

LONDON (Alliance News) - Zambeef Products PLC said on Monday that Chief Financial Officer Craig Harris now does not hold a stake in the cold chain foods and retail firm.Harris sold 776,560

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21 Nov 2018 12:39

Zambeef Annual Profit Rises Sharply, Driven By Retail Division

LONDON (Alliance News) - Zambeef Products PLC on Wednesday reported a sharp rise in annual profit after volumes and gross margins increased in its core Retail & Cold Chain Food division, as to

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20 Nov 2018 13:08

Zambeef Products Expects Earnings Per Share To Multiply On Prior Year

LONDON (Alliance News) - Zambeef Products PLC said Tuesday it expects its earnings per share for the year ended September to multiply on prior year due to higher revenue and margins.Shares

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29 Aug 2018 16:07

Zambeef Detects Common Bacterial Disease In Winter Wheat Crop

LONDON (Alliance News) - Zambeef Products PLC said Wednesday that it detected the common bacterial disease, Bacteria Leaf Streak, in its winter wheat crop.The chain foods business with in a

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26 Jul 2018 13:46

Zambeef Appoints Frank Braeken As Non-Executive Director

LONDON (Alliance News) - Zambia-based beef producer Zambeef Products PLC said Thursday that it appointed Frank Braeken as non-executive director with immediate effect.Braeken is being as of

Read more
3 Apr 2018 12:12

Zambeef Products Joint Chief Executive Officer Carl Irwin Retires

LONDON (Alliance News) - West Africa-focused agri-business Zambeef Products PLC said on Tuesday that Joint-Chief Executive Officer Carl Irwin has retired

Read more

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