SENS ANNOUNCEMENT
(the “Notice” or “Announcement”)
ISSUER
ZCCM INVESTMENTS HOLDINGS PLC (“ZCCM-IH”)
[Incorporated in the Republic of Zambia]
Company registration number: 119540000771
Share Code: ZCCM-IH
ISIN: ZM0000000037
Authorised by: Charles Mjumphi – Company Secretary
SPONSOR
Stockbrokers Zambia Limited
[Founder Member of the Lusaka Securities Exchange]
[Regulated and licensed by the Securities and Exchange Commission of Zambia]
APPROVAL
The captioned Announcement has been approved by:
- the Lusaka Securities Exchange ( “LuSE ”)
- the Securities and Exchange Commission of Zambia (“SEC”)
- ZCCM Investment Holdings Plc (“ZCCM-IH”)
RISK WARNING
The 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: 28 May 2025
ZCCM INVESTMENTS HOLDINGS PLC
[Incorporated in the Republic of Zambia]
Company registration number: 119540000771
Share Code: ZCCM-IH
ISIN: ZM0000000037
[ “ZCCM-IH” or the “Company” ]
TRANSACTION ANNOUNCEMENT
The shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) and other market participants are referred to the cautionary announcements issued on 31 st March 2025 and 16 th May 2025.
The Board of Directors of ZCCM-IH wishes to inform shareholders and the market that on 23 rd May 2025, ZCCM-IH entered into a transaction with Sino Great Group Ltd. (“Sino Great”) in partnership with Wonderful Group of Companies Limited (“Wonderful Group”) to develop an integrated closed circuit phosphate fertiliser Plant (the “Plant”).
About Sino Great
Sino Great Group Limited is a Chinese-owned enterprise actively engaged in Zambia's industrial and agricultural development, primarily through its subsidiary, Sino Great Chemical Company Limited. The company is spearheading a significant investment in the country's industrial and agricultural production sector.
About Wonderful
Wonderful Group of Companies Limited, established in 2011, is a leading industrial conglomerate in Zambia. Wonderful Group is a diversified industrial and business conglomerate specialised in pioneering greenfield industries and brownfield industries management. It operates across a broad spectrum of industries, including the manufacturing of fertiliser and agro products; porcelain and ceramic tiles; sanitary ware; packaging and PVC construction materials; construction works; and silk cocoon and fabric.
Transaction Details
As of 27 May 2025, the market value of ZCCM IH was ZMW 16,080 million. Accordingly, the percentage Ratio of the consideration (USD 50 million OR ZMW 1,370 million as at the exchange rate on 27 May 2025) to the market capitalisation of ZCCM IH is 8.5%. In accordance with the Categorisation methodology of Section 9 of the Listings Requirements of the Lusaka Securities Exchange (“LuSE”), the Transaction is classified as a Category 2 Transaction.
In compliance with the requirements of Section 9 of the Listings Requirements of LuSE, the key features of the Transaction are as follows:
| Investors | ZCCM-IH, Sino Great and Wonderful |
| Particulars of the Transaction |
The proposed investment involves the establishment of an integrated closed circuit phosphate mining and beneficiation business enterprise and includes:
|
| ZCCM-IH's Total Investment |
USD 50 Million
Split between:
|
| Conditions Precedent include: |
|
| Effective Date | 23 rd May 2025 |
| Rationale for the Transaction | The project aims to revolutionise Zambia's industrial minerals beneficiation for industrial applications and agricultural productivity by addressing the growing demand for phosphate chemicals and high-quality fertilisers, as well as reducing reliance on imported phosphate chemicals and fertilisers. |
The Proforma effect of the Transaction
| Before | Pro Forma Adjustments | After | Percentage change (%) | |
| EPS (ZMW) | 240.41 | 0.22 | 240.62 | 0.09% |
| HEPS (ZMW) | (27.31) | 0.22 | (27.09) | 0.80% |
| NAV per share (ZMW) | 325.02 | 0.22 | 325.24 | 0.07% |
| Ordinary Shares in issue (‘000) | 160,800 | - | 160,800 | - |
| Shares in issue (‘000) | 160,800 | - | 160,800 | - |
| Weighted average number of Ordinary Shares in issue (‘000) | 160,800 | - | 160,800 | - |
Note 1: Based on the 2024 unaudited provisional financial statements for ZCCM-IH
Accordingly, shareholders no longer need to exercise caution when dealing in their securities in regard to this particular matter.
Charles Mjumphi
Company Secretary
Issued in Lusaka, Zambia on 28 May 2025
| Lusaka Securities Exchange Sponsoring Broker | |
|
T |
+260-211-232456
E | advisory@sbz.com.zm 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 28 May 2025 | |
- SECURITY MASTER Key: xXCblZxoZGedyHKbaZduapeZb5eUmZaUl5bLk2edacvJcHCUxWdlacfGZnJinmpq
- Check this key: https://www.security-master-key.com .
Regulated information:
Inside Information:
- other releases
Full and original press release in PDF: https://www.actusnews.com/news/91954-zccm-ih-map-transaction-announcement-sens-27.05.2025.pdf
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