ZAMBEEF: Directors Dealings

July 12th, 2021

In accordance with Section 3.63 (a)(i) of the Lusaka Securities Exchange Listings Rules (“LuSE Listings Rules”) Zambeef Products Plc (“Zambeef” or “the Company”), (AIM: ZAM), wishes to announce that Mr. Frank Braeken, Non-Executive Director, sold, in aggregate, 375,000 ordinary shares with a par value of ZMW 0.01 each in the issued share capital of the Company (“Ordinary Shares”) through two separate trades which occurred on 23 June 2021.

The volume weighted average price of both trades combined was 8.11 pence as detailed below.

Name of the Director Frank Braeken
Name of Company Zambeef Products plc
Status Non-Executive Director
Date of Transaction 23 June 2021
Place of The Transaction London Stock Exchange, AIM Market (XLON)
Nature of Transaction Sale
Identification code (ISIN Number) ZM0000000201
Description of Financial Instrument Ordinary Shares of ZMW0.01 Par Value
Price and Volumes Per Trade Prices (Pence)   Volumes

8.00       100,000

8.15           275,000

Directors Interest In Transaction Shareholder (Seller)

Following the transaction, Mr. Braeken no longer holds any Ordinary Shares in the Company.

By Order of the Board

Mwansa M Mutimushi

Lusaka, Zambia 09 July 2021

For further information, please visit or contact:

Zambeef Products plc
Walter Roodt
Faith Mukutu
Tel: +260 (0) 211 369003
FinnCap (Nominated Adviser and Broker)
Ed Frisby/Kate Bannatyne/Tim Harper (Corporate Finance)
Tim Redfern/Barney Hayward (ECM)
Tel: +44 (0) 20 7220 0500
Autus Securities Limited  Tel: +260 (0) 761 002 002