11/01/2018
Zambeef the fully integrated agri-business with operations in Zambia, Nigeria and Ghana, announces that, on 3 January 2018, Tim Pollock, Group Managing Director, purchased 50,000 ordinary shares of ZMW0.01 each in the Group (“Ordinary Shares”) at a price of 12.5 pence (Approx. ZMW 1.7).
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Tim Pollock |
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2. |
Reason for the Notification |
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a) |
Position/status |
Group Managing Director |
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b) |
Initial notification/amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Zambeef Products plc |
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b) |
LEI |
213800U7PEKOUE14NP20 |
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4. |
Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary Shares of ZMW0.01 each |
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Identification code |
ZM0000000201 |
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b) |
Nature of the Transaction |
Purchase |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
N/A (Single transaction) |
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e) |
Date of the transaction |
3 January 2018 |
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f) |
Place of the transaction |
AIM (LSE) |
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Following the transaction, Mr Pollock’s total interest in the Group is now 50,000 Ordinary Shares, representing 0.01% of the total voting rights of the Group.
Zambeef hereby confirms that clearance has been obtained from the Board of Directors in terms of Rule 3.66 of the LuSE Listings Requirements.
| Zambeef Products plc Carl Irwin, Joint Chief Executive Officer Francis Grogan, Joint Chief Executive Officer |
Tel: +260 (0) 211 369003 |
| Pangaea Securities Elina N Mwale Wendy Tembo |
Tel: +260 (0) 211 220 707 |
Notes to the editors
Information on Zambeef
The Zambeef Group is one of the largest integrated cold chain food producers in Zambia, involved in the production, processing, distribution and retailing of beef, chicken, pork, milk, eggs, dairy products, fish, flour and stock feed. The Group also has large cereal row cropping operations (principally maize, soya beans and wheat), with approximately 7,971 hectares of row crops under irrigation, which are planted twice a year and a further 8,623 hectares of rain-fed/dry-land crops available for planting each year.
Further information can be found on www.zambeefplc.com
Sponsoring Broker:
Pangaea Securities Limited
(Member of the Lusaka Stock Exchange)
(Regulated by the Securities and Exchange Commission)
Tel: +260 (211) 220 707 or 238 709 / 16 Fax +260 (211) 220 925
Pangaea Office Park, 1st Floor, Great East Road, P.O. Box 30163 Lusaka, Zambia
