There were 5 Stock Exchange News Services (SENS) announcements in week 47 on the LuSE; 1 Zambia Sugar (ZSUG);2 from ZAMBEEF Plc (ZAMBEEF); 1 from Zambian Breweries (ZAMBREW) and 1 from ZCCM Investment Holdings (ZCCM-IH).
ZAMBIA SUGAR – NOTICE OF FINAL DIVIDEND
At the 61st Annual General Meeting held virtually and at the Radisson Blu Hotel, Lusaka on 24th November 2022, a Final Dividend of 94.4 ngwee per share for the financial year ended 31st August 2022 was approved by the shareholders of Zambia Sugar Plc.
ZAMBREW – NEWS RELEASE
As part of their continued engagement, Zambian Breweries and the Bar and Night Club Owner’s Association of Zambia (B&NCOAZ) are equally concerned about supply bottlenecks in the clear beer market.
Representatives of the association and Zambian Breweries’ senior management met on Friday (November 25, 2022) and agreed to explore ways to improve supply bottlenecks.
ZAMBEEF – TRADING STATEMENT
In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Zambeef Products Plc (the “Company” or the “Group”) hereby advises the Shareholders of the Company that the Total Basic Earnings per Share for the Financial year ended 30 September 2022 is expected to be 83% lower (In Kwacha terms) than that of the financial year ended 30 September 2021.
CHANGE IN DIRECTORATE
Zambeef (AIM: ZAM), the fully integrated cold chain foods and retail business with operations in Zambia, Nigeria and Ghana, wishes to announce the resignation of Mr Walter Roodt as Executive Director of the Board, effective 1 December 2022. He will continue as an employee of the Group in his role as Strategic Projects and Large Livestock Director.
Mr. Roodt served as an Executive Director on the Board for the past three years since 1 March 2019.
ZCCM IH – NEWS RELEASE
The Board wishes to inform the shareholders (“Shareholders”) of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”), and the market that, ZCCM-IH has entered into a transaction with First Quantum Minerals (“FQM”) whereby the Company will convert its dividend rights and economic value in its 20 percent equity in Kansanshi Mining Plc (”KMP”) into a life of mine royalty (the “Transaction”).