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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Zccm Investments Holdings Plc | LSE:ZCC | London | Ordinary Share | ZM0000000037 | 'B' ORD ZMK10 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.6344 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Copper Ores | 11.75B | -4.6B | - | N/A | 104.39M |
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RNS Number:1932L
ZCCM Invs.Hldgs PLC
16 May 2003
(ZCCM-IH logo)
ZCCM Investments Holdings plc
Incorporated in the Republic of Zambia
(Registered number 771)
Share code: ZCCM
("ZCCM-IH")
CAUTIONARY ANNOUNCEMENT - PREFERRED BIDDER FOR KONKOLA COPPER MINES PLC
The shareholders of Konkola Copper Mines plc ("KCM") are currently seeking to
introduce a strategic equity partner into KCM. ZCCM-IH has a 42% interest in
KCM. Following a competitive bidding process, various bids have been received
and evaluated and Sterlite Industries Limited has been awarded preferred bidder
status. As a result ZCCM-IH, the Government of the Republic of Zambia ("GRZ"),
Zambia Copper Investments Limited and KCM will now enter into detailed
negotiations with Sterlite Industries Limited on the terms of the proposed
investment.
Accordingly, ZCCM-IH shareholders are advised to exercise caution when dealing
in ZCCM-IH's securities until a full announcement is made.
Lusaka
16 May 2003
Financial Advisor to ZCCM-IH and GRZ Sponsoring Broker to ZCCM-IH
(logo) (logo)
Standard Bank London Limited Cavmont Securities Limited
Authorised and regulated in the United Kingdom (Registration number 30472)
by the Financial Services Authority (A member of the Lusaka Stock Exchange)
(Registration number 2130447) (Regulated in Zambia by the Securities and Exchange
Commission)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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