African Copper: ZCI Strategic Review

10.07.2012  |  Marketwired

LONDON, July 10, 2012 - Shareholders should note the announcements by African Copper PLC ("ACU" or the "Company") (AIM:ACU) (BOTSWANA: AFRICAN COPPER) on 28 February 2012, 16 April 2012 and 30 May 2012, in which ACU stated that 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. A further announcement will be made in due course.

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) 207 523 8000