Last checked at 12 Jun 2017 16:59
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: | +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: 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 | +260-211-232456
E | advisory@sbz.com.zm
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