ZCCM Invs.Hldgs PLC MARKET ANNOUNCEMENT (0041D)
28 Febrero 2022 - 2:32AM
UK Regulatory
TIDMZCC
RNS Number : 0041D
ZCCM Invs.Hldgs PLC
28 February 2022
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: 28 February 2022
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"]
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.
The aforementioned have led to a less than optimal operations of
ZCCM-IH and its subsidiaries. Regrettably, this economic malaise
and current restructuring processes to ensure portfolio
efficiencies within ZCCM-IH has
negatively impacted the issuance of our financial statements for 2020.
Going forward and with fresh impetus, the Board is committed to
ensuring financial statements are issued on time in compliance with
the various statutory, listing rules and regulations of the stock
markets where ZCCM-IH is listed. To this effect, the 2021 financial
statements will be issued by 31 March 2022.
By Order of the Board
Chabby Chabala
COMPANY SECRETARY
Issued in Lusaka, Zambia on 28 February 2022
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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First Issued on 28 February 2022
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END
MSCEAPAPAAKAEEA
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February 28, 2022 03:32 ET (08:32 GMT)
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