SENS ANNOUNCEMENT

(the “Notice” or “Announcement”)

ISSUER

ZCCM INVESTMENTS HOLDINGS PLC (“ZCCM-IH”)

[Incorporated in the Republic of Zambia]

Company registration number: 119540000771

Share Code: ZCCM-IH

ISIN: ZM0000000037

Authorised by: Charles Mjumphi – Company Secretary

SPONSOR

Stockbrokers Zambia Limited

[Founder Member of the Lusaka Securities Exchange]

[Regulated and licensed by the Securities and Exchange Commission of Zambia]

Contact Number: +260-211-232456

Website: www.sbz.com.zm

APPROVAL

The captioned Notice or Announcement has been approved by:

1. The Lusaka Securities Exchange (“LuSE”)
2. The Securities and Exchange Commission (“SEC”)
3. ZCCM Investment Holdings Plc (“ZCCM-IH”)

RISK WARNING

The Notice or Announcement contained herein contains information that may be of a price-sensitive nature.

Investors are advised to seek the advice of their investment advisor, stockbroker, or any professional duly licensed by the Securities and Exchange Commission of Zambia to provide securities advice.

ISSUED: 19 December 2024

ZCCM INVESTMENTS HOLDINGS PLC

[Incorporated in the Republic of Zambia]

Company registration number: 771

Share Code: ZCCM-IH

ISIN: ZM0000000037

[“ZCCM-IH” or “the Company”]

MARKET ANNOUNCEMENT

PRESS STATEMENT 

FOR IMMEDIATE RELEASE

ZCCM-IH PARTICIPATES IN THE 2ND TRANCHE OF THE FLAGSHIP

 CEC RENEWABLES LIMITED GREEN BOND ISSUANCE WITH $10M SUBSCRIPTION

18^th December 2024, Lusaka Zambia: ZCCM Investments Holdings PLC (“ZCCM-IH”) is pleased to announce its participation in the second tranche of the CEC Renewables Limited (“CEC-R” ), Green Bond with a USD10 million (approximately ZMW275 million) subscription.

The second tranche of the bond raised USD96.7 million that will go towards funding the 136MW Itimpi-2 project, an expansion of the 60MW Itimpi-1 solar PV plant.

ZCCM-IH Chief Executive Officer, Dr Ndoba Vibetti, highlighted the strategic importance of this subscription:

“Our mission is to create tangible wealth sustainably for the benefit of the Zambian people and all our stakeholders. This bond, which finances the development of solar PV projects, aligns with this mission and our strategic focus in growing our footprint in energy, particularly during the ongoing energy crisis in Zambia, whilst also lowering ZCCM-IH's overall carbon footprint.”

ZCCM-IH's participation in the second tranche of the CEC-R green bond aims at diversifying the composition of the company's investment portfolio and enhancing its returns. This is aligned with the company's 2023-2026 strategic plan that focuses on investments primarily in the mining and energy sectors.

This participation is a further testament of the company's commitment to the development of the Zambian capital market.

The CEC-R green bond issuance complies with the ICMA Green Bond Principles, including participation from other local investors.

The CEC-R green bond was privately placed and is listed on the Lusaka Securities Exchange (LuSE).

-End-

Issued by:

Loisa Mbatha

Corporate Affairs Manager 

ZCCM Investments Holdings Plc

By Order of the Board

Charles Mjumphi

Company Secretary

Issued in Lusaka, Zambia on 19 December 2024

First Issued on 19 December 2024