In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Copperbelt Energy Corporation Plc (“the Company” or “CEC”) hereby advises the Shareholders of the Company that the Earnings Per Share (“EPS”) for the financial year ended 31 December 2018 are expected to be approximately 29% higher than for the financial year ended 31 December 2017.
The material movement in profitability is primarily attributed to the gain resulting from the disposal of CEC Liquid Telecom.
Shareholders are advised that the information contained in this Trading Statement has not been reviewed nor reported on by the external auditors of the Company.
The Company expects its results for the financial year ended 31 December 2018 to be released on SENS and published in the local press on or about 7th March 2019. Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until publication of the results.
By Order of the Board
Julia C. Z. Chaila
Issued in Lusaka, Zambia on Wednesday, 6th March 2019
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First Issued 6 March 2019