REG - Zambeef Products PLC - Director/PDMR Shareholding

Zambeef ProductsAnnouncement

22/03/2019 07:05

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 Adviser)


Tel: +44 (0) 20 7409 3494




James Spinney




Ritchie Balmer




Eric Allan










 
finnCap (Broker)


Tel: +44 (0) 20 7220 0500




Christopher Raggett










 
Powerscourt (Financial PR)


Tel: +44 (0) 20 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 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)




10.5 pence
10.5 pence
10.5 pence


100,000
26,296
173,333








d)


Aggregated information
Aggregated volume Price


299,629 shares
10.5 pence
£31,461.045




e)


Date of the transaction


22 February 2019
25 February 2019
26 February 2019




f)


Place of the transaction


AIM (LSE)



 




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