In compliance with the Listing Rules of the Lusaka Stock Exchange (“LuSE”) and further to the Announcement by ZCCM Investment Holdings (“ZCCM-IH”) dated Friday, 07 August 2015 detailing the salient terms of the Preferential Secondary Market Offer (the “Preferential Offer” or the “Offer”) by the Government Republic of Zambia (“GRZ”), the investing public is advised that the period for the Preferential Offer has been extended to Monday, 30 November 2015.
Previously the Preferential Offer was targeted to close on Friday, 2 October 2015 and ZCCM-IH has, however noted that most members of the public have not been able to access adequate information on the Preferential Offer due to the delayed availability of the Information Supplement. Therefore, the Company has decided to extend the Offer Period to Monday, 30 November 2015. The revised time line for the Offer is shown under the Revised Salient Dates below.
It should be clearly noted that as per this Announcement the Offer will now close on Monday, 30 November 2015, and not Friday, 2 October 2015 as previously announced.
Revised Salient Dates
Official Launch of the Offer by the Minister of Finance – Thursday, 30th July 2015
Preferential Secondary Market Offer Opens – Friday, 31st July 2015
Last Day for Receipt of Postal Applications – Friday, 27th November 2015
Preferential Secondary Market Offer Closes – Monday, 30th November 2015
Results of the Preferential Secondary Market Offer – Monday, 14th December 2015
If you wish to participate in the Preferential Secondary Market Offer, you should visit a registered stockbroker or Receiving Agent as listed below to obtain more information and a copy of the Information Supplement. Furthermore, the Information Supplement can be accessed via: http://www.zccm-ih.com.zm/images/stories/reports/isu.pdf