African Copper Plc

African Copper Plc

May 30, 2012 03:00 ET

African Copper Plc: ZCI Strategic Review

LONDON, UNITED KINGDOM--(Marketwire - 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.

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Contact Information

  • African Copper Plc
    Brad Kipp
    Chief Financial Officer
    +1 (416) 847 4866

    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