Zambeef Products PLC — Director's Dealing 2016

Jan 4, 2016

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RNS Number : 6379K

Zambeef Products PLC

04 January 2016

Zambeef Products plc

("Zambeef" or the "Group")

Directors' Dealing

Zambeef (AIM: ZAM), the fully integrated agribusiness with operations in Zambia, Nigeria and Ghana, announces that it has received notification that Rhodora Limited, a trust of which Adam Fleming, a Non-Executive Director of the Group is a beneficiary, on 30 December 2015, purchased 10,000,000 ordinary shares of ZMW0.01 each in Zambeef ("Ordinary Shares") at an average price of 7.95 pence per Ordinary Share.

The Group also announces that it has received notification that John Rabb, a Non-Executive Director of the Group, on 30 December 2015 purchased 2,000,000 Ordinary Shares at an average price of 7.95 pence per Ordinary Share.

Following the transactions, Mr Fleming and Mr Rabb now have a total direct and indirect shareholding in Zambeef of 25,379,180 Ordinary Shares and 14,000,000 Ordinary Shares respectively, representing 10.2 per cent. and 5.6 per cent. of the issued share capital of the Group respectively.

For further information, please contact:

Zambeef Products plc                                                                                    Tel:  +260 (0) 211 369003

Carl Irwin, Joint Chief Executive Officer

Francis Grogan, Joint Chief Executive Officer                                                    

Strand Hanson Limited                                                                                  Tel: +44 (0) 20 7409 3494

Angela Hallett

James Spinney

Panmure Gordon                                                                                             Tel: +44 (0) 20 7886 2500

Dugald Carlean

Tom Salvesen

Peter Steel                        

Finncap                                                                                                                Tel: +44 (0) 20 7220 0500

Joanna Scott

Raymond Greaves

Powerscourt                                                                                                      Tel: +44 (0)20 7250 1446

Nick Dibden

Sophie Moate  

Nick Brown

This information is provided by RNS

The company news service from the London Stock Exchange

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