ZAMBEEF | Director resignation (AIM)

May 24th, 2018

Zambeef (AIM: ZAM), the fully integrated retailer, with operations in Zambia, Nigeria and Ghana, announces the resignation of Tim Pollock, Joint Chief Executive Officer of the Company, effective 31st May 2018.

Mr Pollock is resigning for personal reasons, and will be returning to the United Kingdom to focus on the development of his agricultural investment business, AgCap Limited.

Francis Grogan currently Joint Chief Executive Officer, will, from 1st June 2018, lead the Company as sole Chief Executive Officer.

Zambeef Chairman, Dr. Jacob Mwanza, commented: “The Board wishes to thank Tim for his dedication and contribution to the Company since September 2016, and wishes him well in his future endeavours.”

For further information, please contact:

Zambeef Products plc
Francis Grogan, Incoming sole Chief Executive Officer
Tel: +260 (0) 211 369003
Strand Hanson Limited (Nominated & Financial Adviser)
James Spinney
Ritchie Balmer
Frederick Twist
Tel: +44 (0) 20 7409 3494
finnCap (Broker)
Emily Morris
Christopher Raggett
Tel: +44 (0) 20 7220 0500
Powerscourt (Financial PR)
Nick Dibden
Isabelle Saber
Tel: +44 (0) 20 7250 1446

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

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 (“MAR”).

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