SENS
ANNOUNCEMENT
(the
"Notice" or "Announcement")
ZCCM INVESTMENTS HOLDINGS PLC
("ZCCM-IH")
[Incorporated in the Republic of Zambia]
Company
registration number: 119540000771
Share
Code:
ZCCM-IH
ISIN:
ZM0000000037
Authorised
by:
Charles Mjumphi - Company Secretary
Stockbrokers Zambia
Limited
[Founder
Member of the Lusaka Securities 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 Securities Exchange ("LuSE")
ii. The Securities
and Exchange Commission ("SEC")
iii. ZCCM Investment
Holdings Plc ("ZCCM-IH")
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.
ISSUED:
18 December
2024
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"]
PRESS
STATEMENT
FOR
IMMEDIATE RELEASE
ZCCM-IH
PARTICIPATES IN THE 2ND TRANCHE OF THE FLAGSHIP
CEC
RENEWABLES LIMITED GREEN BOND ISSUANCE WITH $10M
SUBSCRIPTION
18th December 2024,
Lusaka Zambia: ZCCM Investments Holdings
PLC ("ZCCM-IH") is pleased
to announce its participation in the second tranche of the CEC
Renewables Limited ("CEC-R" ), Green Bond with a
USD10 million (approximately
ZMW275 million) subscription.
The second tranche of the bond
raised USD96.7 million that will go towards funding the 136MW
Itimpi-2 project, an expansion of the 60MW Itimpi-1 solar PV plant.
ZCCM-IH Chief Executive Officer, Dr
Ndoba Vibetti, highlighted the strategic importance of this
subscription:
"Our mission is to create tangible wealth sustainably for the
benefit of the Zambian people and all our stakeholders. This bond,
which finances the development of solar PV projects, aligns with
this mission and our strategic focus in growing our footprint in
energy, particularly during the ongoing energy crisis in Zambia,
whilst also lowering ZCCM-IH's overall carbon
footprint."
ZCCM-IH's participation in the
second tranche of the CEC-R green bond aims at diversifying the
composition of the company's investment portfolio and enhancing its
returns. This is aligned with the company's 2023-2026 strategic
plan that focuses on investments primarily in the mining and energy
sectors.
This participation is a further
testament of the company's commitment to the development of the
Zambian capital market.
The CEC-R green bond issuance
complies with the ICMA Green Bond Principles, including
participation from other local investors.
The CEC-R green bond was privately
placed and is listed on the Lusaka Securities Exchange
(LuSE).
-End-
Issued by:
Loisa Mbatha
Corporate Affairs
Manager
ZCCM Investments Holdings Plc
By
Order of the Board
Charles Mjumphi
Company Secretary
Issued in Lusaka, Zambia on
18 December 2024
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+260-211-232456
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advisory@sbz.com.zm
W | www.sbz.com.zm
Stockbrokers Zambia Limited (SBZ) is a member of the Lusaka
Securities
Exchange and is regulated by the Securities and Exchange
Commission of Zambia
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First
Issued on 18 December 2024