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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 | 9,902 | 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 |
TIDMZAM
RNS Number : 2507P
Zambeef Products PLC
24 May 2018
24 May 2018
Zambeef Products plc
("Zambeef" or the "Group")
Director Resignation
Zambeef (AIM: ZAM), the fully integrated retailer, with operations in Zambia, Nigeria and Ghana, announces the resignation of Tim Pollock, Joint Chief Executive Officer of the Company, effective 31(st) May 2018.
Mr Pollock is resigning for personal reasons, and will be returning to the United Kingdom to focus on the development of his agricultural investment business, AgCap Limited.
Francis Grogan, currently Joint Chief Executive Officer, will, from 1(st) June 2018, lead the Company as sole Chief Executive Officer.
Zambeef Chairman, Dr. Jacob Mwanza, commented: "The Board wishes to thank Tim for his dedication and contribution to the Company since September 2016, and wishes him well in his future endeavours."
For further information, please contact: Zambeef Products plc Tel: +260 (0) 211 369003 Francis Grogan, incoming sole Chief Executive Officer Strand Hanson Limited (Nominated & Financial Adviser) Tel: +44 (0) 20 7409 3494 James Spinney Ritchie Balmer Frederick Twist finnCap (Broker) Tel: +44 (0) 20 7220 0500 Emily Morris Christopher Raggett Powerscourt (Financial PR) 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
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 ("MAR").
-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
BOAAIMATMBITBPP
(END) Dow Jones Newswires
May 24, 2018 12:00 ET (16:00 GMT)
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