Top Investor Questions

See our Investor Relations Frequently Asked Questions

What are the various taxes involved in trading shares on the Lusaka Securities Exchange?

Please refer to the Lusaka Securities Exchange website

How can I contact stockbrokers on the Paris Euronext Stock Exchange?

Please refer to the following link

How can I contact the share registrars / transfer secretaries for ZCCM-IH?

Corpserve Transfer Agents Limited
6 Mwaleshi Road, Olympia Park
P O Box 37522
Lusaka 10101
Zambia

Phone: +260 211 256969/70
Fax: +260 211 256975
Email: info@corpservezambia.com.zm

How does one buy ZCCM-IH shares from the London Stock Exchange or Paris Euronext Stock Exchange and sell them on the Lusaka Securities Exchange?

There are strict guidelines to follow when buying and selling in between the stock exchanges on which ZCCM-IH is listed and we recommend that investors consult their stockbrokers for more information

How can one buy shares of ZCCM-IH on the Lusaka Securities Exchange and what are the benefits of being a shareholder?

To buy ZCCM-IH shares on the Lusaka Securities Exchange, one should first open a shares brokerage account with a LuSE registered Stockbroker. Details of all the brokers can be found here. Once the account is opened, the potential shareholder can issue a Buy instruction and deposit the funds to be used to buy the shares with the broker. The broker will process the order and if the shares are available on the LuSE will execute the order. Upon settlement of the trade, one becomes a shareholder of ZCCM-IH shares.

The main benefits are twofold. First, if the shares appreciate in value, the shareholder can sell his or her shares at a profit. For instance between January 2014 and December 2015, the ZCCM-IH shares appreciated in value by 163.5% therefore shares bought for K1,000 at the beginning of that period were worth K2,635 at the end, a capital gain of K1,635!

Second, as ZCCM-IH has a dividend policy which pays out at least 20% of its net profits as dividends, all shareholders can look forward to a dividend as long as ZCCM-IH makes a profit. In 2014, ZCCM-IH paid out a dividend of $40 Million to its shareholders.

What is a dividend?

A dividend is a taxable sum of money declared by a company’s board of directors and given to its shareholders out of the company’s current or retained earnings. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (scrip dividend) or other property. There is no guarantee that a company will make dividend payments in any given year or years.

What factors affect the share price of a company?

The share price will be influenced by a number of factors, some of which are outside the company’s control. The factors may include:

  • the performance and prospects of the company or the industry in which the company operates
  • political, general economic, financial and stock market conditions;
  • perceptions of investors about the above factors.

As with all listed shares, the share price of ZCCM Investments Holdings Plc on the Lusaka Stock Exchange and the Euronext Exchange can go up or down. If you sell your shares, you may receive more or less than you originally paid for them.

How can I calculate my expected dividend payment?

Your expected payment is determined by the dividend per share (DPS) amount for the financial year, multiplied by the number of shares you own at the time the dividend is declared. The DPS is announced by the company when the dividend is declared, and refers to the total amount of dividend attributed to each individual share outstanding from the company.

Please note that 20% withholding tax (WHT) as well as brokerage fees may apply. Consult your stock broker for details.

How do I calculate dividend yield?

Dividend yield refers to a stock’s annual dividend payments to shareholders, expressed as a percentage of the stock’s current price. Dividend yield gives a measure of the amount of income received in proportion to the share price. Dividend yield is calculated by dividing the dividend per share (DPS) amount by the market price per share at the time, and multiplying the result by 100 to get a percentage.

What legislation, rules and regulations govern ZCCM-IH on the Lusaka Securities Exchange?

Please refer to this page on the Lusaka Securities Exchange website

Where can I find additional information on ZCCM-IH’s investee companies?

Please visit the “Our Structure” page where the ZCCM-IH portfolio can be viewed, consisting of the respective investee companies’ brief descriptions and respective website pages from which additional information may be obtained.

How much influence does ZCCM-IH have on its investee companies?

ZCCM-IH is represented on all of the board of directors of its underlying investee companies

What are the contact details for the Central Share Depository Department in Zambia?

CSD Manager:
Mr. Christopher Nyirongo
nyirongoc@luse.co.zm
Extension Line: 106

CSD Senior Assistant:
Mrs. Seko Chibanje
schibanje@luse.co.zm
Extention line: 114

CSD Assistant:
Mr. Sondo Musona
sondo@luse.co.zm
Extension line: 110

Tel: (+260 211) 228391, 228537/94

The Central Depository Rules may be downloaded here

Who is the Investor Relations Officer of ZCCM-IH?

Bwalya Chiti
chitib@zccm-ih.com.zm
+260 211 388 000

How can I contact the Company Secretary of ZCCM-IH?

Mr Chabby Chabala
cchabala@zccm-ih.com.zm
+260 211 388 000

Who are the UK registrars of ZCCM-IH?

CAPITA IRG PLC
Bourne House
34 Beckenham Road
Kent BR3 4TU
England
Phone: +44 (0) 870 162 3100.
Fax: +44 (0)20 8639 2342

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Contact our support team.