ZAMBEEF | PDMR Dealing

February 5th, 2019

4 February 2019
Zambeef Products plc
(“Zambeef” or the “Group”)
PDMR Dealing

Zambeef (AIM: ZAM), the fully integrated cold chain foods and retail business, with operations in Zambia, Nigeria and Ghana, announces that it was notified on 1 February 2019, that Mr. Craig Harris, Chief Financial Officer, completed the sale of 776,560 ordinary shares with a par value of ZMW 0.01 each in the issued share capital of the Company (“Ordinary Shares”), at an average price of Zambian Kwacha 3 each, on 30 January 2019.

Following the transaction, Mr. Harris has a holding of nil Ordinary Shares.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.

For further information, please contact:

Zambeef Products plc

Tel: +260 (0) 211 369003

Francis Grogan, Chief Executive Officer                  

Strand Hanson Limited (Nominated & Financial Adviser)

Tel: +44 (0) 20 7409 3494

James Spinney

Ritchie Balmer

Frederick Twist

finnCap (Broker)

Tel: +44 (0) 20 7220 0500

Christopher Raggett

Powerscourt (Financial PR)

Tel: +44 (0) 20 7250 1446

Nick Dibden

Jana Tsiligiannis

Pangaea Securities                                                                         Tel:   +260 (0) 211 238709

Ceaser Siwale

Wendy Tembo

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

 **ENDS**

PDMR Notification Form:

The notification below is made in accordance with the requirements of Market Abuse Regulation:

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Craig Harris

2.

Reason for the Notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Zambeef Products plc

b)

LEI

213800U7PEKOUE14NP20

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

a)

Description of the Financial instrument, type of instrument

Ordinary Shares of ZMW0.01 each

Identification code

ZM0000000201

b)

Nature of the Transaction

Sale  

c)

Price(s) and volume(s)

Price(s)

Volume(s)

ZMW 3

776,560

d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

30 January 2019

f)

Place of the transaction

AIM (LSE)


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