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Market News

Cautionary Announcements

CELTEL ZAMBIA PLC

(Trading as Zain Zambia)

[INCORPORATED IN THE REPUBLIC OF ZAMBIA]

COMPANY REGISTRATION NUMBER: 38136

SHARE CODE: ZAIN.O0000

ISIN: ZM0000000342

SUSPENSION OF TRADING

Further to the cautionary announcements of 22nd February 2010, 23rd March 2010, 6th April

2010, 21st May 2010, 21 June 2010 and 22 July 2010 Celtel Zambia PLC (trading as and

hereby referred to as “Zain Zambia” or the “Company”) wishes to inform the market and

shareholders that the Securities and Exchange Commission, in accordance with the

provisions of Section 39, Securities Act, Chapter 354 of the laws of Zambia and clause 12

(1) of the Third Schedule of the Securities (Takeovers and Mergers) Rules, 1993, has

directed the suspension of trading in Zain Zambia shares with immediate effect (18th August

2010, the “Suspension Date”) pending clarification of terms of the mandatory offer process

being undertaken in Zain Zambia by Celtel Zambia Holdings B.V., a wholly owned subsidiary

of Bharti Airtel International (Netherlands) BV., a wholly owned subsidiary of Bharti Airtel

International.

It should be noted that all Zain Zambia trades that have been executed prior to the

Suspension Date shall be completed in accordance with the normal settlement requirements

of the Lusaka Stock Exchange.

Dated: 18 August 2010

Issued By

Pangaea Renaissance Securities Limited

(Member of the Lusaka Stock Exchange)

(Regulated by the Securities and Exchange Commission)

First Issued on: 22 February 2010

 

METAL FABRICATORS OF ZAMBIA PLC

P.O. Box 90295, H Figov Road, Luanshya, Republic of Zambia

Company incorporated in the Republic of Zambia

Company Registration Number: 5079

Share Code: ZAMEFA

ISIN: ZM0000000243

FIRST CAUTIONARY ANNOUNCEMENT

Shareholders of Metal Fabricators of Zambia Plc (“ZAMEFA”) are advised that there are circumstances and developments relating to the company, the full impact of which are currently being determined and which may have a material effect on the price of the company’s securities.

Accordingly shareholders are advised to exercise caution when dealing in the company’s securities until a full announcement is made.

 

Lusaka, Zambia: 10 August 2010

STOCKBROKERS

STOCKBROKERS ZAMBIA LIMITED

[Member of the LuSE and regulated by the Securities and Exchange Commission of Zambia]

FIRST ISSUED ON 10 AUGUST 2010

FARMERS HOUSE PLC - CAUTIONARY ANNOUNCEMENT - Shareholders are advised that Farmers House intends to acquire all the shares of Thistle Land development Compant limited, a property investment, development, management, and letting company, which owns Counting House Square a leased property situated on Thabo Mbeki Rd, south  of the Arcades Shopping Centre. As this is a related party transaction in terms of the LuSE Listing Rules shareholder approval is required and Extraordinary General Meeting of Farmers House Plc has been Scheduled for 14th June

 2010, to consider and pass the necessary 

Accordingly, shareholders are advised to exercise caution when dealing in the company’s securities.

Lusaka – 13 May 2010

STOCKBROKERS ZAMBIA LIMITED

[MEMBER OF THE LuSE and REGULATED BY THE SECURITIES AND EXCHANGE COMMISSION OF ZAMBIA]

FIRST ISSUED ON 13 MAY 2010         

BARCLAYS BANK PLC- ANNOUNCEMENT - pursuant to the provisions of the Securities Act, Cap 354, the Securities (Takeovers and Mergers) Rules, 1993, and the Lusaka Stock Exchange Listing Rules,  Barclays Bank Plc wishes to  inform the market and shareholders that Barclays  Bank Plc, the ultimate majority shareholder in  the Company, has agreed to sell its African custody business to Standard Chartered. Barclays took strategic decision to exit from custody business to Morgan Stainely. The sale of Barclays African custody business is expected to realise value fro shareholders while not impacting the long - established banking busness in Africa.

The sale involves the pan - Africa custody business which operates in eight countries  (Botswana, Ghana, Kenya, Mauritius, Tanzania, Uganda, Zambia and Zimbabwe). As part of the transaction Standard Chartered Bank Plc is to acquire the Zambian part of business which currently employs four people, including Barclays Nominees Limited, which commenced operation in 1993. The transaction is expected to be completed within 2010, subject to regulatory approvals and other customary conditions.

The market is advised to seek the professional advice of a broker or investment advisor for guidance when trading in the Company’s shares.  Shareholders and the market will be kept informed of any subsequent developments. 

Dated: 3 May 2010 

Issued By 

Pangaea Renaissance Securities Limited

(Member of the Lusaka Stock Exchange)

(Regulated by the Securities and Exchange Commission) 

 First Issued on:  1 May 2010 



 
 
 
 
 
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