In accordance with Section 3.4(b) of the 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 Company for the unaudited financial year ended 31st December 2021 is expected to be approximately 136% higher than the financial year ended 31st December 2020. The movement in EPS for the Company was primarily attributed to a 328% increase in investment income and subsequent 488% increase in operating profit.
Delay In Releasing The ZCCM-IH Financial Statements
In the past three years, many countries including Zambia have experienced challenging economic conditions exacerbated by the Covid -19 pandemic. The economic effects have been significant as evidenced in supply chain disruptions for most of Zambia’s main trading partners, who have been in and out of lockdown during this period.
Trading Statement December 2020 Results
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 financial year ended 31 December 2020 is expected to be approximately 594% and 273% higher respectively, than the nine (9) months financial period ended 31 December 2019.
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 retirement of Mr Michael Chibonga as a Director with effect from 13 December 2021.
ZCCM-IH Market Announcement
In compliance with the requirements of the Securities Act, No. 41 of 2016 of the Laws of Zambia and Section 3.4vof the Listing Rules of the Lusaka Securities Exchange, ZCCM Investments Holdings Plc (“ZCCM- IH” or the “Company”) announces the suspension of all mining and processing operations at Kasenseli Gold Mine (“Kasenseli Mine”) in Mwinilunga, North-Western Province.
Press Statement SENS
Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH”) are referred to the public censure announcement issued by the LuSE and the ZCCM-IH press statement dated 21 October 2021.
ZCCM-IH Change In Directorate
Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of ZCCM Investments Holdings Plc (the “Board”) announce the termination of appointment of Mr Eric S Silwamba, SC as Non-Executive Director and Chairman of the Board of Directors of (the Board) the Company with effect from 12 October 2021.
Further Cautionary Announcements KCM
Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH”) are referred to the announcement dated 23 May 2019 concerning ZCCM-IH filing a petition in the High Court of Zambia for the winding up of Konkola Copper Mines PLC (“KCM”) on 21 May 2019 (the “Petition”) and the appointment by the Court of Mr. Milingo Lungu as provisional liquidator of KCM (the “Provisional Liquidator”) and to the announcement dated 23 June 2021 regarding ZCCM-IH’s application for leave to appeal against the decision of the Court of appeal.
ZCCM-IH Change in Directorate
Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of ZCCM Investments Holdings Plc (the “Board”) announce the retirement of Mr Fredson Yamba as a Director on the Board of Directors of the Company with effect from 9 September 2021.
ZCCM-IH – Further Cautionary Announcement KCM
Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH”) are referred to the announcement dated 23 May 2019