Zambeef Products PLC Director/PDMR Shareholding (6587T)
22 March 2019 - 6:01PM
UK Regulatory
TIDMZAM
RNS Number : 6587T
Zambeef Products PLC
22 March 2019
22 March 2019
Zambeef Products plc
("Zambeef" or the "Group")
Director Dealing
Zambeef (AIM: ZAM), the fully integrated cold chain foods and
retail business, with operations in Zambia, Nigeria and Ghana,
announces that it was notified on 20 March 2019, that Dr. Jacob
Mwanza, Non-Executive Chairman, purchased, in aggregate, 299,629
ordinary shares with a par value of ZMW 0.01 each in the issued
share capital of the Company ("Ordinary Shares") through three
separate trades which occurred on 22 February 2019, 25 February
2019 and 26 February 2019. Each trade occurred at a price of 10.5
pence each.
Dr. Mwanza was only informed by his broker on 20 March 2019 that
these trades had taken place.
Following the transaction, Dr. Mwanza has a holding of 1,399,629
Ordinary Shares, representing a holding of 0.47% in the Ordinary
Shares.
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 Tel: +260 (0) 211
369003
Francis Grogan, Chief Executive Officer
Strand Hanson Limited (Nominated & Financial Tel: +44 (0) 20
Adviser) 7409 3494
James Spinney
Ritchie Balmer
Eric Allan
Tel: +44 (0) 20
finnCap (Broker) 7220 0500
Christopher Raggett
Tel: +44 (0) 20
Powerscourt (Financial PR) 7250 1446
Nick Dibden
Jana Tsiligiannis
Pangaea Securities Tel: +260 (0) 211 238709
Ceaser Siwale
Wendy Tembo
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
PDMR Notification Form:
The notification below is made in accordance with the
requirements of Market Abuse Regulation:
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Dr Jacob Mwanza
-------------------------------- --------------------------------
2. Reason for the Notification
------------------------------------------------------------------
a) Position/status Non-Executive Chairman
-------------------------------- --------------------------------
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 Ordinary Shares of ZMW0.01 each
instrument, type of instrument
-------------------------------- --------------------------------
Identification code ZM0000000201
-------------------------------- --------------------------------
b) Nature of the Transaction Purchase
-------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
10.5 pence 100,000
10.5 pence 26,296
10.5 pence 173,333
----------
-------------------------------- --------------------------------
d) Aggregated information 299,629 shares
Aggregated volume Price 10.5 pence
GBP31,461.045
-------------------------------- --------------------------------
e) Date of the transaction 22 February 2019
25 February 2019
26 February 2019
-------------------------------- --------------------------------
f) Place of the transaction AIM (LSE)
-------------------------------- --------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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