African Copper Plc.: ZCI Strategic Review
30.05.2012 | Marketwired
LONDON, May 30, 2012 - Shareholders are referred to the announcement released by African Copper PLC ("ACU" or the "Company") (AIM:ACU) (BOTSWANA:AFRICAN COPPER) on RNS on 28 February 2012 and 16 April 2012, wherein ACU announced it had been notified by its 84.19% controlling shareholder ZCI Limited ("ZCI") that ZCI had initiated a process intended to realise value from its investment in ACU, which process may result in the partial or full sale of ZCI's interest in ACU.
Shareholders are advised that the process is ongoing and may have a material effect on the price of the Company's securities. Accordingly, shareholders are advised to continue exercising caution when dealing in the Company's securities until a further announcement is made.
For further information, please visit www.africancopper.com
Contact
African Copper Plc
Brad Kipp, Chief Financial Officer
+1 (416) 847 4866
bradk@africancopper.com
www.africancopper.com
Tavistock Communications (PR and IR)
Simon Hudson
+44 (0) 20 7920 3150
Canaccord Genuity (NOMAD and Broker)
Andrew Chubb/Tarica Mpinga
+44 (0) 20 7050 6500