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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Zambeef Products Plc | LSE:ZAM | London | Ordinary Share | ZM0000000201 | ORD ZMW0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 5.75 | 5.50 | 6.00 | 5.75 | 5.75 | 5.75 | 166,964 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Poultry & Poultry Prods-whsl | 6.2B | 118.61M | 0.3946 | 0.15 | 17.28M |
From Apr 2019 to Apr 2024
TIDMZAM
RNS Number : 1497P
Zambeef Products PLC
05 February 2019
5 February 2019
Zambeef Products plc
("Zambeef" or the "Group")
Board Changes
Zambeef (AIM: ZAM), the fully integrated food producer with operations in Zambia, Nigeria and Ghana, announces the resignation of Yusuf Koya as an Executive Director/Board Member of Zambeef Products PLC and all Group Companies, effective from 4 February 2019.
Yusuf joined Zambeef as Group General Manager in May 2005. In June 2006, he was appointed a Board Director/Member of Zambeef.
The Board has greatly appreciated the experience and support he has contributed to the growth and development of the Company. In addition to overseeing the stock exchange listing in London, he was instrumental in successfully implementing a significant number of corporate actions/transactions as well as successfully raising debt finance of over USD100 million over the last 14 years, resulting in the Company becoming one of the largest agri-businesses in Zambia and the surrounding region.
Yusuf will continue to remain a senior employee/manager in the Company.
We are also pleased to announce our intention, subject to the completion of various regulatory processes, to appoint Walter Roodt to the Board of Zambeef.
Walter is currently employed as Deputy Managing Director and he is designated as the future CEO once the incumbent (Francis Grogan) retires at the end of the year
Zambeef Chairman, Dr Jacob Mwanza, commented:
"Yusuf Koya has been a valued colleague for many years. I would like to thank him for the tremendous contribution that he has made to Zambeef since he joined the Company almost 14 years ago. Yusuf has played and continues to play a valuable role in supporting the growth of Zambeef through his vast knowledge and experience of banking and corporate finance."
For more information, please visit www.zambeefplc.com or contact:
Zambeef Products plc Tel: +260 (0) 211 369003 Francis Grogan, Chief Executive Officer Strand Hanson Limited Tel: +44 (0) 20 7409 James Spinney 3494 Ritchie Balmer Finncap Tel: +44 (0) 20 7220 Christopher Raggett 0500 Emily Morris Powerscourt Tel: +44 (0)20 7250 Nick Dibden 1446 Jana Tsiligiannis Pangaea Securities Tel: +260 (0) 211 220 Wendy Tembo 707
- Ends -
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.
END
BOASSIFDIFUSEDE
(END) Dow Jones Newswires
February 05, 2019 08:37 ET (13:37 GMT)
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