ZAMBEEF | Directorate Dealings

January 4th, 2018

Zambeef Products plc
(“Zambeef” or the “Group”)
Director Dealing

Zambeef (AIM:ZAM), 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.

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.

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

Tim Pollock

2.

Reason for the Notification

a)

Position/status

Group Managing Director

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

Purchase

c)

Price(s) and volume(s)

Price(s)

Volume(s)

12.5 pence

50,000

d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

3 January 2018

f)

Place of the transaction

AIM (LSE)

**ENDS** 

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
Carl Irwin, Joint Chief Executive Officer
Francis Grogan, Joint Chief Executive Officer
Tel: +260 (0) 211 369003
Strand Hanson Limited
James Spinney
Ritchie Balmer
Frederick Twist
Tel: +44 (0) 20 7409 3494
finnCap
Emily Morris
Christopher Raggett
Tel: +44 (0) 20 7220 0500
Powerscourt
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 www.zambeefplc.com

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