Zambeef Products PLC Director Dealing (9933A)

TIDMZAM

RNS Number : 9933A

Zambeef Products PLC

04 January 2018

4 January 2018

Zambeef Products plc

("Zambeef" or the "Group")

Director Dealing

Zambeef (AIM:ZAM), the fully integrated agri-business with operations in Zambia, Nigeria and Ghana, announces that, on 3 January 2018, Tim Pollock, Group Managing Director, purchased 50,000 ordinary shares of ZMW0.01 each in the Group ("Ordinary Shares") at a price of 12.5 pence.

Following the transaction, Mr Pollock's total interest in the Group is now 50,000 Ordinary Shares, representing 0.01% of the total voting rights of the Group.

PDMR Notification Form:

The notification below is made in accordance with the requirements of Market Abuse Regulation:

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------ 
 a)   Name                             Tim Pollock 
---  -------------------------------  --------------------------- 
 2.   Reason for the Notification 
---  ------------------------------------------------------------ 
 a)   Position/status                  Group Managing Director 
---  -------------------------------  --------------------------- 
 b)   Initial notification/amendment   Initial notification 
---  -------------------------------  --------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ------------------------------------------------------------ 
 a)   Name                             Zambeef Products plc 
---  -------------------------------  --------------------------- 
 b)   LEI                              213800U7PEKOUE14NP20 
---  -------------------------------  --------------------------- 
 4.   Details of the transaction(s):section to be 
       repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; 
       and (iv) each place where transactions have 
       been conducted 
---  ------------------------------------------------------------ 
 a)   Description of the               Ordinary Shares of ZMW0.01 
       Financial instrument,            each 
       type of instrument 
---  -------------------------------  --------------------------- 
      Identification code              ZM0000000201 
---  -------------------------------  --------------------------- 
 b)   Nature of the Transaction        Purchase 
---  -------------------------------  --------------------------- 
 c)   Price(s) and volume(s)            Price(s)      Volume(s) 
                                        ------------  ---------- 
                                         12.5 pence    50,000 
                                        ------------  ---------- 
---  -------------------------------  --------------------------- 
 d)   Aggregated information           N/A (Single transaction) 
       Aggregated volume 
       Price 
---  -------------------------------  --------------------------- 
 e)   Date of the transaction          3 January 2018 
---  -------------------------------  --------------------------- 
 f)   Place of the transaction         AIM (LSE) 
---  -------------------------------  --------------------------- 
 

**ENDS**

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.

 
 For further information, please contact: 
 
 Zambeef Products plc          Tel: +260 (0) 
                                211 369003 
 Carl Irwin, Joint Chief Executive Officer 
 Francis Grogan, Joint Chief Executive Officer 
 
 Strand Hanson Limited          Tel: +44 (0) 
                                 20 7409 3494 
 James Spinney 
 Ritchie Balmer 
 Frederick Twist 
 
 finnCap                       Tel: +44 (0) 
                                20 7220 0500 
 Emily Morris 
  Christopher Raggett 
 
 Powerscourt                   Tel: +44 (0)20 
                                7250 1446 
 Nick Dibden 
  Isabelle Saber 
 
 
 

Notes to the editors

Information on Zambeef

The Zambeef Group is one of the largest integrated cold chain food producers in Zambia, involved in the production, processing, distribution and retailing of beef, chicken, pork, milk, eggs, dairy products, fish, flour and stock feed. The Group also has large cereal row cropping operations (principally maize, soya beans and wheat), with approximately 7,971 hectares of row crops under irrigation, which are planted twice a year and a further 8,623 hectares of rain-fed/dry-land crops available for planting each year.

Further information can be found on www.zambeefplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 04, 2018 07:02 ET (12:02 GMT)