ZCCM INVESTMENTS HOLDINGS PLC SENS ANNOUNCEMENT
(the "Notice" or "Announcement")
ZCCM INVESTMENTS HOLDINGS PLC ("ZCCM-IH")
[Incorporated in the Republic of Zambia]
Company registration number: 771
Share Code: ZCCM-IH
ISIN: ZM0000000037
Authorised by: Chabby Chabala - Company Secretary
Stockbrokers Zambia Limited
[Member of the Lusaka Stock Exchange]
[Regulated and licensed by the Securities and Exchange Commission of Zambia]
Contact Number: +260-211-232456
Website: www.sbz.com.zm
The captioned Notice or Announcement has been approved by:
i. the Lusaka Stock Exchange
ii. the Securities and Exchange Commission
iii. Stockbrokers Zambia Limited
The Notice or Announcement contained herein contains information that may be of a price sensitive nature.
Investors are advised to seek the advice of their investment advisor, stockbroker, or any professional duly licensed by the Securities and Exchange Commission of Zambia to provide securities advice.
FIRST ISSUED: 22 December 2014
ZCCM INVESTMENTS HOLDINGS PLC
[Incorporated in the Republic of Zambia]
Company registration number: 771
Share Code: ZCCM-IH
ISIN: ZM0000000037
["ZCCM-IH" or "the Company"]
In accordance with the Lusaka Stock Exchange Limited ("LuSE") Listings Requirements, the Board of Directors advises the Shareholders of ZCCM Investment Holdings PLC ("the Company") that for the interim period ended 30 September 2014, the basic earnings per share is expected to be 119% lower, and the headline earnings per share is expected to be 119% lower, than those for the interim period ended 30 September 2013.
The decrease in profitability was largely due to lower turnover on account of lower performance of the Company's investments in the mining sector amidst continued reduction in copper prices on the International markets. The price of copper has reduced by 7.6% from US$7300 per tonne in September 2013 to US$6748 per tonne at 30 September 2014.
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 results for the interim period ended 30 September 2014 to be released via the LuSE SENS and published in the local press on or about 23 December 2014. Accordingly, shareholders are advised to exercise caution when dealing in the Company's securities until publication of the results.
Lusaka, Zambia - 22 December 2014
LUSAKA STOCK EXCHANGE SPONSORING BROKER
STOCKBROKERS ZAMBIA LIMITED
[MEMBER OF THE LuSE and REGULATED BY THE SECURITIES AND EXCHANGE COMMISSION OF ZAMBIA]
T: +260-211-232456
W: www.sbz.com.zm
First Issued 22 December2014
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