Reminder: CEC Rights Offer closing date
The last day for dealing in the CEC Rights Offer Letters of Allocation (LAs) and the Rights Offer closing date is Friday 28 February 2014.
The results of the Rights Offer are expected to be published on Monday 3 March 2014 and the new Rights Offer shares will be listed on the Lusaka Stock Exchange (LuSE) on the same day.
About Copperbelt Energy Corporation PLC
Copperbelt Energy Corporation PLC (CEC) is an independent power distribution and transmission business, with a control centre on the Copperbelt Province of Zambia.
CEC’s strategy is to: Grow and diversify its business by pursuing viable opportunities in the energy and telecommunication sectors; play a role in observing and shaping the present and future business environment for the benefit of the Company, its customers, and its suppliers; and develop strategic partnerships with technical and financial resources to realise a shared vision of energy infrastructure development in Zambia and surrounding territories.
CEC, a member of the Southern African Power Pool distributes power to the majority of mines operating on the Copperbelt province, the national utilities ZESCO Limited (ZESCO) and SNEL of the Democratic Republic of Congo (DRC).
The company’s assets comprise an emergency power generation capacity of 80MW, transmission and distribution network of 900 km of overhead power lines, 40 high voltage substations and electricity network carrying capacity in excess of 700MW. The company operates an interconnector with the DRC, through which power is wheeled to Zambia, Zimbabwe and South Africa.
CEC is also a wholesale broadband and Internet Service Provider (ISP) in Zambia through two joint ventures, Realtime Zambia (RTAA) and CEC Liquid.
For more details contact:
Mrs. Chama Nsabika-Kalima
Corporate Communication
Tel: +260 211 261 647
Email: [email protected]
Website: www.cecinvestor.com
