ZCCM Invs.Hldgs PLC Announcement re: Further Cautionary_KHL_Renewal (9176C)
June 24 2021 - 2:00AM
UK Regulatory
TIDMZCC
RNS Number : 9176C
ZCCM Invs.Hldgs PLC
24 June 2021
SENS ANNOUNCEMENT
(the "Notice" or "Announcement")
ISSUER
ZCCM INVESTMENTS HOLDINGS PLC ("ZCCM-IH")
[Incorporated in the Republic of Zambia]
Company registration number: 771
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 Person: Natasha Nelson
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: 23 June 2021
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"]
FURTHER CAUTIONARY ANNOUNCEMENT
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.
The arbitration tribunal has issued a Partial Final Award (dated
29 January 2021) in the arbitration, pursuant to which ZCCM-IH's
defence has been successful and various declarations have been
granted in ZCCM-IH's favour. Certain matters remain outstanding and
will be addressed by the tribunal in the Final Award.
Therefore, shareholders are advised that the matter is still
on-going and may still have a material effect on the price of the
Company's securities. Shareholders will be updated as the case
progresses.
Accordingly, shareholders of ZCCM-IH are advised to exercise
caution when dealing in securities of the Company until further
information is published.
By Order of the Board
Chabby Chabala
Company Secretary
Issued in Lusaka, Zambia on Wednesday, 23 June 2021
T | +260-211-232456
E | advisory@sbz.com.zm
W | www. sbz.com.zm
Stockbrokers Zambia Limited (SBZ) is a member of the Lusaka Securities Exchange and is regulated
by the Securities and Exchange Commission of Zambia
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Issued 13 December 2019
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END
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