CEC Africa Investments Limited (“CECA” or “the Company”) is a public company under the Securities Act No. 41 of 2016 (“the Act”) and its shares are registered and regulated by the Securities and Exchange Commission of Zambia (“SEC” or “the Commission”). CECA shares are traded on the second-tier market (referred to as the Quoted Tier) of the Lusaka Securities Exchange (“LuSE”).

In compliance with the disclosure requirements under the Act, CECA hereby notifies its shareholders and the market that, the Company has received a notice of enforcement from BP Investments Limited (“BPIL”) on 11 November 2020 calling for the repayment of a loan of principal and interest amounting to USD 41,968,619. This loan was acquired by BPIL from the Copperbelt Energy Corporation PLC (“CEC”) on 12 June 2020 and is based on a loan agreement entered into between the Company and CEC on 18 March 2013.

This development relating to the Company, and its impact are currently being determined and may have a material effect on the price of the Company’s shares.

Accordingly, shareholders are advised to exercise caution when dealing in the Company’s shares until a full announcement is made.

Clara Mvula
Head, Corporate Services
Issued in Lusaka, Zambia on 17th November 2020

Lusaka Securities Exchange Sponsoring Broker
	T | +260-211-232456 E | [email protected] W | www.sbz.com.zm Stockbrokers Zambia Limited (SBZ) is a founder member of the Lusaka Securities Exchange and is regulated by the Securities and Exchange Commission of Zambia

First Issued on 17 November 2020