Zambeef | RNS Director Share Dealing – Tim Pollock 2018 Feb (LuSE)

By Published On: February 23rd, 2018Categories: Corporate announcement

Zambeef, 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 (Approx. ZMW 1.7).

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tim Pollock

2.

Reason for the Notification

a)

Position/status

Group Managing Director

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Zambeef Products plc

b)

LEI

213800U7PEKOUE14NP20

4.

Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary Shares of ZMW0.01 each

Identification code

ZM0000000201

b)

Nature of the Transaction

Purchase

c)

Price(s) and volume(s)

Price(s)

Volume(s)

12.4 pence

50,000

d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

20 February 2018

f)

Place of the transaction

AIM (LSE)

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.

Zambeef hereby confirms that clearance has been obtained from the Board of Directors in terms of Rule 3.66 of the LuSE Listings Requirements.

Zambeef Products plc
Carl Irwin, Joint Chief Executive Officer
Francis Grogan, Joint Chief Executive Officer		 Tel: +260 (0) 211 369003
Pangaea Securities
Elina N Mwale
Wendy Tembo		 Tel: +260 (0) 211 220 707

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

The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.

Zambeef Products Plc (ZAMB.zm)

Share price: 2.59 Kwacha (0.00 | 0.00% – 22/03/23)

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