ZCCM Invs.Hldgs PLC CAUTIONARY ANNOUNCEMENT (0243O)
November 01 2016 - 9:28AM
UK Regulatory
TIDMZCC
RNS Number : 0243O
ZCCM Invs.Hldgs PLC
01 November 2016
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"]
CAUTIONARY ANNOUNCEMENT
ZCCM Investments Holdings PLC ("ZCCM-IH") Files a Notice of
Arbitration against Kansanshi Holdings Limited and Kansanshi Mining
PLC and Legal Proceedings against First Quantum Limited, FQM
Finance Limited, Philip K.R. Pascall, Arthur Mathias Pascall, Clive
Newall, Martin R. Rowley and Kansanshi Mining PLC.
In compliance with the requirements of the Securities Act, Cap
354 of the Laws of Zambia and the General Obligations of Disclosure
under the Continuing Obligations of the Listings Requirements of
the Lusaka Securities Exchange, shareholders are informed that on
26(th) October 2016, ZCCM-IH filed a Notice of Arbitration in
London against Kansanshi Holdings Limited and Kansanshi Mining PLC.
Further, on 28(th) October 2016 ZCCM-IH commenced Legal Proceedings
in Lusaka against First Quantum Limited, FQM Finance Limited,
Philip K.R. Pascall, Arthur Mathias Pascall, Clive Newall, Martin
R. Rowley and Kansanshi Mining PLC for various Claims arising from
transactions between Kansanshi Mining Plc and FQM Finance
Limited.
Shareholders of ZCCM-IH are accordingly advised to exercise
caution when dealing in securities of the Company until further
information is published.
Issued by ZCCM-IH Management
Lusaka Securities Exchange Sponsoring Broker
===============================================
T | +260-211-232456
E | advisory@sbz.com.zm
W | www.sbz.com.zm
Stockbrokers Zambia Limited (SBZ)
is a founder member of the Lusaka
Securities Exchange and is regulated
by the Securities and Exchange Commission
of Zambia
=============================================
First Issued on 1 November, 2016
This information is provided by RNS
The company news service from the London Stock Exchange
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