Zambeef Products | Result of AGM and Appointment of External Auditor

December 22nd, 2021

In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Zambeef (AIM: ZAM) today announces that at the Annual General Meeting held on 21 December 2021 in Lusaka, all resolutions put to shareholders were duly passed. Furthermore, the Board and the Company’s shareholders approved the appointment of Messer’s PricewaterhouseCoopers as the Company’s external auditors with effect from 21 December 2021.

PricewaterhouseCoopers is one of the largest established professional services firms in Zambia. Their practice has a consistent record of providing high-quality professional audits, quality assurance, advisory, and tax. PricewaterhouseCoopers ranks as the second-largest professional services network internationally. The Board is confident that PricewaterhouseCoopers’s experience, will contribute effectively and immeasurably to the Company.

The Board wishes to extend its appreciation and gratitude to Grant Thornton for its services rendered to the Company throughout its tenure.

For further information, please contact:

Zambeef Products plc
Walter Roodt, Chief Executive Officer
Faith Mukutu, Chief Financial Officer
Tel: +260 (0) 211 369003
finnCap Limited (Nominated Adviser and Broker)
Ed Frisby/Kate Bannatyne/Tim Harper (Corporate Finance)
Tim Redfern/Barney Hayward (ECM)
Tel: +44 (0)207220 0500
Autus Securities Limited
Mataka Nkhoma (Broker)
Tel: +260 (0) 761 002 002

By order of the Board

Mwansa Mutimushi
Company Secretary

Issued in Lusaka, Zambia on 21 December 2021