TIDMZCC

RNS Number : 9117W

ZCCM Invs.Hldgs PLC

24 April 2019

SENS ANNOUNCEMENT

(the "Notice" or "Announcement")

ISSUER

ZCCM INVESTMENTS HOLDINGS PLC ("ZCCM-IH")

[Incorporated in the Republic of Zambia]

   Company registration number:      119540000771 
   Share Code:                                           ZCCM-IH 
   ISIN:                                                         ZM0000000037 
   Authorised by:                                     Chabby Chabala - Company Secretary

SPONSOR

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

APPROVAL

The captioned Notice or Announcement has been approved by:

   i.      the Lusaka Securities Exchange 
   ii.    the Securities and Exchange Commission 
   iii.   Stockbrokers Zambia Limited

DISCLAIMER AND RISK WARNING

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: 23 April 2019

ZCCM INVESTMENTS HOLDINGS PLC

[Incorporated in the Republic of Zambia]

Company registration number: 119540000771

Share Code: ZCCM-IH

ISIN: ZM0000000037

["ZCCM-IH" or the "Company"]

INDUSTRIAL DEVELOPMENT CORPORATION LIMITED SETTLEMENT OF LOAN OWED TO ZCCM INVESTMENTS HOLDINGS PLC

On 2 April 2018, ZCCM Investments Holdings Plc ("ZCCM-IH" or the "Company") and the Industrial Development Corporation Limited ("IDC"), majority Shareholder, entered into a related party transaction through a Loan Facility Agreement whereby ZCCM-IH advanced a loan amount of US$19,000,000 to the IDC with a maturity period of 12 months.

ZCCM-IH wishes to announce that the IDC has fully settled the principal and interest amounts owed to ZCCM-IH. The payment was made on 2 April 2019 in line with the Loan Facility Agreement between the parties.

By Order of the Board

Chabby Chabala

Company Secretary

Issued in Lusaka, Zambia on Tuesday, 23 April 2019

 
 
   T | +260-211-232456 
 
    E | 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 
  ==================================================== 
                First Issued on Tuesday, 23 April 2019

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DOCZMGZDVDFGLZG

(END) Dow Jones Newswires

April 24, 2019 02:27 ET (06:27 GMT)

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