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RNS Number : 5164Y Zambeef Products PLC 03 January 2024
ZAMBEEF PRODUCTS PLC
("Zambeef" or the "Group")
RESULT OF ANNUAL GENERAL MEETING
Zambeef (AIM: ZAM), the fully integrated cold chain foods and retail business
with operations in Zambia, Nigeria and Ghana, announces that at the Annual
General Meeting held on 29 December 2023, all resolutions put to shareholders
were duly passed.
For further information, please visit www.zambeefplc.com or contact:
Zambeef Products plc Tel: +260 (0) 211 369003
Faith Mukutu, Chief Executive Officer
M'boo Mumba, Chief Financial
Officer
Cavendish Capital Markets Ltd (Nominated Adviser and Broker) Tel: +44 (0) 20 7220 0500
Ed Frisby/Abigail Kelly (Corporate Finance)
Tim Redfern (ECM)
Autus Securities Limited Tel: +260 (0) 761 002 002
Mataka Nkhoma
About Zambeef Products PLC
Zambeef Products plc is the largest integrated cold chain food products and
agribusiness company in Zambia and one of the largest in the region, involved
in the primary production, processing, distribution and retailing of beef,
chicken, pork, milk, dairy products, fish, flour and stockfeed, throughout
Zambia and the surrounding region, as well as Nigeria and Ghana.
It has 269 retail outlets throughout Zambia and West Africa.
The Company is one of the largest suppliers of beef in Zambia. Five beef
abattoirs and five feedlots are located throughout Zambia, with a capacity to
slaughter 230,000 cattle a year. It is also one of the largest chicken
producers in Zambia, with a capacity of 9.4m broilers and 25 million-day-old
chicks a year. It is one of the largest pig abattoirs and pork processing
plants in Zambia, with a capacity to slaughter 102,000 pigs a year, while it's
dairy has a capacity of 120,000 litres per day.
The Group is also one of the largest cereal row cropping operations in Zambia,
with approximately 7,265 hectares of row crops under irrigation, which are
planted twice a year, and a further 7,924 hectares of rainfed/dry-land crops
available for planting each year.
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