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Zambeef Products PLC - Zampalm Transaction

Zambeef Products · ZAM6 Apr 2018

As was announced on 6 September 2017, Zambeef entered into a Share Sale Agreement, a Shareholders' Agreement and a Management Agreement with the Industrial Development Corporation of Zambia Limited for the sale of 90 per cent. of Zambeef's shareholding in its wholly owned subsidiary, Zampalm Limited to IDC for a cash consideration of USD16 million..

As was announced on 6 September 2017, Zambeef entered into a Share Sale Agreement, a Shareholders' Agreement and a Management Agreement with the Industrial Development Corporation of Zambia Limited for the sale of 90 per cent. of Zambeef's shareholding in its wholly owned subsidiary, Zampalm Limited to IDC for a cash consideration of USD16 million..

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