Further to the cautionary announcement dated 25 November 2020, the Board of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company” or “the Board”) hereby wishes to inform shareholders and the market that arbitration proceedings against ZCCM-IH and Kansanshi Mining Plc (“KMP”) by Kansanshi Holdings Limited (“KHL”) have progressed.
Change in Directorate
Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of ZCCM Investments Holdings Plc (the “Board”) wishes to announce the appointment of Mr Michael Chibonga as a Director on the Board of Directors of the company with effect from 7 June 2021.
ZCCM-IH – IDC Group Reorganisation Circular
The definitions and interpretations commencing on page 7 of this Circular apply throughout this Circular, including this cover page (unless specifically defined where used or the context indicates a contrary intention).
Management Services Agreement Circular
The Definitions and Interpretations commencing on page 7 of this Circular apply throughout this Circular and to this section. This Circular is important and requires your immediate attention.
ZCCM-IH – IDC MSA Transaction Announcement
The Board of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”), wishes to advise the shareholders and the market participants that the Company has signed a Management Service Agreement (“MSA”) with the Industrial Development Corporation Limited (“IDC” or the “Corporation”).
ZCCM-IH-IDC Group Reorganisation Transaction Announcement
The Board of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”), wishes to advise the shareholders and the market participants that the Company has signed a Group Restructuring and Reorganization Agreement with the Industrial Development Corporation Limited (“IDC” or the “Corporation”).
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 and Company for the nine-month financial period ended 31 December 2019 is expected to be approximately 32% lower and 242% higher respectively, than the financial year ended 31 March 2019.
Notice of AGM
Notice is hereby given that the Seventeenth Annual General Meeting of members of ZCCM Investments Holdings Plc will be held virtually here – https://eagm.creg.co.zw/eagm/login.aspx on Wednesday, 30 June 2021 at 10:00 hours.
ZCCM-IH Further Cautionary Announcement KCM
Shareholders are informed that the High Court of Zambia ruled against Vedanta on 7 August 2019. On 13 August 2019 Vedanta appealed to the Court of Appeal of Zambia against the decision of the High Court of Zambia which denied them their application to stay the liquidation proceedings and refer the matter to arbitration. The Court of Appeal on 20 November 2020 ruled in favour of Vedanta and stayed the liquidation proceedings and referred the matter to arbitration.
ZCCM-IH EGM Results Announcement and Mopani Transaction Completion
Shareholders are referred to the cautionary announcements released on the Stock Exchange News Service (“SENS”) of the Lusaka Securities Exchange (“LUSE”) on the 9th of March 2021 and the announcements by ZCCM-IH released on SENS on 21st December 2020, 8th January 2021 and 20th January 2021 regarding the acquisition of the 90% stake not currently held by ZCCM-IH in Mopani Copper Mines Plc (“Mopani”) (“the Transaction”).