Regulatory Filings • Dec 19, 2024
Regulatory Filings
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(the "Notice" or "Announcement")
ISSUER

Company registration number: 119540000771 Share Code: ZCCM-IH ISIN: ZM0000000037
Authorised by: Charles Mjumphi – Company Secretary
[Incorporated in the Republic of Zambia]
SPONSOR

Stockbrokers Zambia Limited [Founder Member of the Lusaka Securities Exchange]
[Regulated and licensed by the Securities and Exchange Commission of Zambia]
Contact Number: +260-211-232456 Website: www.sbz.com.zm
The captioned Notice or Announcement has been approved by:
The Notice or Announcement contained herein contains information that may be of a price-sensitive nature.
Investors are advised to seek the advice of their investment advisor, stockbroker, or any professional duly licensed by the Securities and Exchange Commission of Zambia to provide securities advice.
ISSUED: 18 December 2024

[Incorporated in the Republic of Zambia] Company registration number: 771 Share Code: ZCCM-IH ISIN: ZM0000000037 ["ZCCM-IH" or "the Company"]
PRESS STATEMENT
18th December 2024, Lusaka Zambia: ZCCM Investments Holdings PLC ("ZCCM-IH") is pleased to announce its participation in the second tranche of the CEC Renewables Limited ("CEC-R" ), Green Bond with a USD10 million (approximately ZMW275 million) subscription.
The second tranche of the bond raised USD96.7 million that will go towards funding the 136MW Itimpi-2 project, an expansion of the 60MW Itimpi-1 solar PV plant.
ZCCM-IH Chief Executive Officer, Dr Ndoba Vibetti, highlighted the strategic importance of this subscription:
"Our mission is to create tangible wealth sustainably for the benefit of the Zambian people and all our stakeholders. This bond, which finances the development of solar PV projects, aligns with this mission and our strategic focus in growing our footprint in energy, particularly during the ongoing energy crisis in Zambia, whilst also lowering ZCCM-IH's overall carbon footprint."
ZCCM-IH's participation in the second tranche of the CEC-R green bond aims at diversifying the composition of the company's investment portfolio and enhancing its returns. This is aligned with the company's 2023-2026 strategic plan that focuses on investments primarily in the mining and energy sectors.
This participation is a further testament of the company's commitment to the development of the Zambian capital market.
The CEC-R green bond issuance complies with the ICMA Green Bond Principles, including participation from other local investors.
The CEC-R green bond was privately placed and is listed on the Lusaka Securities Exchange (LuSE).
-End-
By Order of the Board
Issued in Lusaka, Zambia on 18 December 2024
| Lusaka Securities Exchange Sponsoring Broker | |
|---|---|
| T +260-211-232456 |
|
| E [email protected] |
|
| W www.sbz.com.zm |
|
| Stockbrokers Zambia Limited (SBZ) is a member of the Lusaka | |
| Securities | |
| Exchange and is regulated by the Securities and Exchange | |
| Commission of Zambia |
First Issued on 18 December 2024
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