Zambeef Products plc
(“Zambeef” or the “Group”)
Zambeef (AIM:ZAM), the fully integrated agri-business with operations in Zambia, Nigeria and Ghana, announces that, on 20 February 2018, Tim Pollock, Group Managing Director, purchased 50,000 ordinary shares of ZMW0.01 each in the Group (“Ordinary Shares”) at a price of 12.4 pence each.
Following the transaction, Mr Pollock’s total interest in the Group is now 100,000 Ordinary Shares, representing 0.03% of the total voting rights of the Group.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.
For further information, please contact:
|Zambeef Products plc
Carl Irwin, Joint Chief Executive Officer
Francis Grogan, Joint Chief Executive Officer
|Tel: +260 (0) 211 369003
|Strand Hanson Limited (Nominated & Financial Adviser)
|Tel: +44 (0) 20 7409 3494
|Tel: +44 (0) 20 7220 0500
|Powerscourt (Financial PR)
|Tel: +44 (0)20 7250 1446
Notes to the editors – Information on Zambeef
The Zambeef Group is one of the largest integrated cold chain food producers in Zambia, involved in the production, processing, distribution and retailing of beef, chicken, pork, milk, eggs, dairy products, fish, flour and stock feed. The Group also has large cereal row cropping operations (principally maize, soya beans and wheat), with approximately 7,971 hectares of row crops under irrigation, which are planted twice a year and a further 8,623 hectares of rain-fed/dry-land crops available for planting each year.
Further information can be found on www.zambeefplc.com