Regulatory Filings • Nov 3, 2021
Regulatory Filings
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(the "Notice" or "Announcement")
ISSUER
Company registration number: 119540000771 Share Code: ZCCM-IH ISIN: ZM0000000037
[Incorporated in the Republic of Zambia] Authorised by: Chabby Chabala – Company Secretary
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: November 3, 2021
[Incorporated in the Republic of Zambia] Company registration number: 771 Share Code: ZCCM-IH ISIN: ZM0000000037 ["ZCCM-IH" or "the Company"]
In compliance with the requirements of the Securities Act, No. 41 of 2016 of the Laws of Zambia and Section 3.4 of the Listing Rules of the Lusaka Securities Exchange, ZCCM Investments Holdings Plc ("ZCCM- IH" or the "Company") announces the suspension of all mining and processing operations at Kasenseli Gold Mine ("Kasenseli Mine") in Mwinilunga, North-Western Province. This follows a Ministerial directive from the Ministry of Mines and Minerals Development to suspend operations and address concerns relating to Kansenseli Mine's license conditions and safety regulations. The concerns raised by the Ministry chiefly relates to safety and security, amongst others.
The suspension of mining operations at Kasenseli Mine was effective 22nd October 2021 and will remain in force until all issues highlighted in the Ministerial directive are closed out.
Kasenseli Mine is operated by Zambia Gold Company Ltd, a subsidiary of ZCCM-IH
By Order of the Board
Chabby Chabala Company Secretary
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