Shareholders
Prior to privatization in 2000, ZCCM Ltd was a consolidated copper mining conglomerate majority owned by the GRZ. Put in other words, until 31 March 2000, ZCCM Ltd was a 60.3% state-owned mine operating company in which Zambia Copper Investments Ltd (ZCI), an associate company of Anglo American Plc, held 27.3% of shares with the balance of 12.4% of shares held by private investors.
Since privatisation of ZCCM, ZCCM Investments Holdings Plc (ZCCM-IH) is an investments holdings company which is listed on the Lusaka Stock Exchange, the London Stock Exchange and on Euronext in Paris, and has the majority of its investments held in the copper mining sector of Zambia.
The Company’s shareholders are the 'Government of the Republic of Zambia (GRZ) with 87.6% shareholding and private equity holders with 12.4%.
CAPITAL
- Shares “A”
Ministry of Finance and National Planning on behalf of the Government of the Republic of Zambia (GRZ)
53 825 808 (60.3%)- Shares “B”
Minority shareholders are spread throughout the world in various locations.
Europe : England, Belgium, France, Netherlands, Scotland, Switzerland, Greece, Channel Islands, Irish Republic, Portugal, Norway and the Principality of Monaco. Africa : South Africa, Zambia, Zimbabwe, Botswana, Tunisia, Egypt, Nigeria, Algeria, Republique Du Congo and Morocco. Australasia/Other : Australia, New Zealand, India, Oman, Pakistan, Sri Lanka, Jamaica, Bahamas and USA.
Read more about this topic: ZCCM Investments Holdings