CEC | Summary financial results for the year ended 31 December 2019

May 29th, 2020|

In compliance with the requirements of the Securities Act and the Listings Rules of the Lusaka Securities Exchange, Copperbelt Energy Corporation Plc announces its audited results for the year ended 31 December 2019. Financial update The operating environment was characterized by some challenges, which resulted in one processing operation being placed under care and maintenance; [...]

CEC | Trading statement FY2019

May 27th, 2020|

In accordance with the Lusaka Securities Exchange Limited (“LuSE”) Listings Requirements, the Board of Directors of the Copperbelt Energy Corporation Plc (“CEC” or “the Company”) advises the shareholders of CEC that for the twelve months ended 31st December 2019, the basic earnings per share is expected to be 78% lower than those for the twelve [...]

CEC | Further Cautionary Announcement

May 11th, 2020|

Shareholders are referred to the cautionary announcement, dated 27th September 2019, issued by the Board of Directors of Copperbelt Energy Corporation Plc (“CEC” or “the Company) informing the market that CEC was in receipt of a notice of intention to arbitrate from ZESCO Limited (“ZESCO”), pursuant to the Bulk Supply Agreement and Article 3 of [...]

CEC | Post-BSA Market Announcement

April 2nd, 2020|

In accordance with Section 81(1) of the Securities Act No. 41 of 2016, the Board of Directors of Copperbelt Energy Corporation Plc (“CEC” or “the Company”) advises the Company’s shareholders, and the market, that further to the Market Announcement issued by the Company on 2nd January 2020, the power purchase agreement or Bulk Supply Agreement [...]

CEC | Further Cautionary Announcement

December 4th, 2019|

Further to the Cautionary Announcement dated 27th September 2019, shareholders are advised that the arbitration matter between ZESCO and Copperbelt Energy Corporation Plc (“CEC” or “the Company”) is in process and remains under adjudication. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company’s securities until a full announcement is made. By [...]