TIDMZCC

RNS Number : 2777R

ZCCM Invs.Hldgs PLC

03 November 2021

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: November 3, 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"]

ZCCM-IH MARKET ANNOUNCEMENT ON THE SUSPENSION OF MINING AND PROCESSING OPERATIONS AT KASENSELI GOLD MINE IN MWINILUNGA

In compliance with the requirements of the Securities Act, No. 41 of 2016 of the Laws of Zambia and Section 3.4 of 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. This follows a Ministerial directive from the Ministry of Mines and Minerals Development to suspend operations and address concerns relating to Kansenseli Mine's license conditions and safety regulations. The concerns raised by the Ministry chiefly relates to safety and security, amongst others.

The suspension of mining operations at Kasenseli Mine was effective 22(nd) October 2021 and will remain in force until all issues highlighted in the Ministerial directive are closed out.

Kasenseli Mine is operated by Zambia Gold Company Ltd, a subsidiary of ZCCM-IH

By Order of the Board

Chabby Chabala

Company Secretary

Issued in Lusaka, Zambia on 03 November 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 
  =============================================== 
 

First Issued on 03 November 2021 .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DOCEAPFDEFLFFFA

(END) Dow Jones Newswires

November 03, 2021 14:14 ET (18:14 GMT)

Zccm Investments (LSE:ZCC)
Gráfica de Acción Histórica
De Dic 2021 a Ene 2022 Haga Click aquí para más Gráficas Zccm Investments.
Zccm Investments (LSE:ZCC)
Gráfica de Acción Histórica
De Ene 2021 a Ene 2022 Haga Click aquí para más Gráficas Zccm Investments.