PRESS RELEASE
In accordance with Section 3.4(b) Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of ZCCM – Investments Holdings PLC (the “Company” or “ZCCM-IH”) hereby advises the Shareholders of the Company that the Earnings Per Share (“EPS”) for the six-month period ended 30 September 2018 is expected to be approximately 476% higher than for the six-month period ended 30 September2017.
The movement in EPS is primarily attributed to the improved profits in associate companies and exchange gains. This improved performance is mainly due to the continued increase in demand for copper on the world market. Shareholders are advised that the information contained in this trading statement has not been reviewed or reported on by the external auditors of the Company.
The Company expects its Interim Financial Results for the six-month period ended 30September2018 to be released on Securities Exchange News Services (“SENS”) and published in the local press on or about 28th December 2018.Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until publication of the results.
Statement issued by Order of the ZCCM-IH Board.
About ZCCM Investments Holdings Plc
ZCCM Investment Holdings PLC is an investment holding company in which Government holds directly about 17.25% shares through the Ministry of Finance and its 60.28% shares is held through the Industrial development Corporation (IDC) in Zambia, with the remaining 22.47% held by institutional and private individual shareholders. ZCCM-IH currently has an investment portfolio of 15 companies, including biggest mines such as Kansanshi Mining Plc, Mopani Copper Mines Plc and Konkola Copper Mines Plc. The “ZCCM” in ZCCM Investments Holdings Plc does NOT stand for “Zambia Consolidated Copper Mines Limited”.
Contacts: Media Inquiries Investor Relations Loisa Mbatha-Kakoma Bwalya Chiti Public Relations Manager Investor Relations Officer kakomal@zccm-ih.com.zm chitib@zccm-ih.com.zm