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Home Opinion Economy

Weekly round up of listed and quoted companies on LuSE in week 38

Natasha Mwelwa by Natasha Mwelwa
October 5, 2022
Reading Time: 1 min read
0

There were 2 Stock Exchange News Services (SENS) announcements in week 38 on the LuSE: 1 from ZCCM Investments Holdings PLC (ZCCM-IH) and 1 from Real Estate Investments Zambia PLC (REIZ).

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ZCCM-IH : CHANGE IN DIRECTORATE

According to section 3.59 of the LuSE Listing Requirements, the Board of Directors of ZCCM Investments Holdings Plc (the “Board”) wishes to announce the resignation of Mr. M C Kaluba as a Non-Executive Director effective 17 August 2022. In His place, Mr. Muchindu Kasongola has been appointed with effect from 24 August 2022.

REIZ: NOTICE OF EXTRAORDINARY GENERAL MEETING

Notice is hereby given that an Extraordinary General Meeting of Real Estate Investments Zambia PLC (“REIZ”or the “Company”) will take place at Protea Hotel-Arcades, Lusaka, on Tuesday, 25 October 2022 at 10.00
Hours.

The Company is planning to offer new ordinary shares via a Renounceable Rights Offering in favour of the Shareholders of the Company on the terms and subject to the conditions set out in an offer document that will be mailed to Shareholders at a later date (“Rights Issue”). Subject to the adoption of the resolutions in this notice, it is envisaged that the Circular setting out the offer and the details and conditions of the Rights Issue will be mailed and circulated to the Shareholders on or about 14 November 2022.

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ZCCM-IH - FURTHER CAUTIONARY ANNOUNCEMENT

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