ZCCM Invs.Hldgs PLC Cautionary Renewal (5436W)

TIDMZCC

RNS Number : 5436W

ZCCM Invs.Hldgs PLC

15 November 2017

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:                                  [phone] 
   Website:                                                www.sbz.com.zm 

APPROVAL

The captioned Notice or Announcement has been approved by:

   i.      the Lusaka Securities Exchange 
   ii.    the Securities and Exchange Commission 
   iii.   Stockbrokers Zambia Limited 

DISCLAIMER AND 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: 14(th) November 2017

ZCCM INVESTMENTS HOLDINGS PLC

[Incorporated in the Republic of Zambia]

Company registration number: 119540000771

Share Code: ZCCM-IH

ISIN: ZM0000000037

["ZCCM-IH" or the "Company"]

FURTHER CAUTIONARY RENEWAL

ZCCM Investments Holdings PLC ("ZCCM-IH") Files a Notice of Arbitration against Kansanshi Holdings Limited and Kansanshi Mining PLC and Legal Proceedings against First Quantum Limited, FQM Finance Limited, Philip K.R. Pascall, Arthur Mathias Pascall, Clive Newall, Martin R. Rowley and Kansanshi Mining PLC.

On 26 October 2016, ZCCM-IH filed a Notice of Arbitration in London against Kansanshi Holdings Limited and Kansanshi Mining PLC. Further, on 28 October 2016, ZCCM-IH commenced Legal Proceedings in Lusaka against First Quantum Minerals Limited, FQM Finance Limited, Philip K.R. Pascall, Arthur Mathias Pascall, Clive Newall, Martin R. Rowley and Kansanshi Mining PLC for various Claims arising from transactions between Kansanshi Mining Plc and FQM Finance Limited.

Further to the Cautionary Renewal released by ZCCM-IH on 26 May 2017, regarding these matters and in compliance with the requirements of the Securities Act No 41 of 2016 and the General Obligations of Disclosure under the Continuing Obligations of the Listings Requirements of the Lusaka Securities Exchange, shareholders are informed that the matters are yet to be determined. Shareholders will be updated as the cases progress.

Shareholders of ZCCM-IH are accordingly 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 Tuesday, 14(th) November 2017

 
 
   T | [phone] 
 
    E | [e-mail] 
 
    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 1 November 2016 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 15, 2017 02:00 ET (07:00 GMT)