Statement by the Zimbabwe Stock Exchange Limited ("ZSE") on the halting of trading of Lafarge Cement Limited
Members of the public are hereby advised that the ZSE has instituted a unilateral Securities Halt in the trading of shares in Lafarge Cement Zimbabwe Limited (the "Issuer" or "Lafarge") with effect from 23 December 2022 until further notice.
Following the execution of a Sale and Purchase Agreement between Associated International Cement Limited and Fossil Mines (Private) Limited for a 76.45% shareholding in Lafarge, there has been material developments in the sphere of activity of Lafarge. The full impact of these developments are still being assessed and Lafarge will issue a detailed announcement to that effect.
In the interim, the ZSE will proceed to halt trading in the shares of Lafarge until issuance of a full announcement by Lafarge Cement Zimbabwe Limited.
Investors will not be able to buy or sell Lafarge shares during the period the Securities Halt is in effect.
J. Bgoni
Chief Executive Officer
21 December 2022
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Lafarge Cement Ltd. published this content on 21 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 December 2022 07:03:06 UTC.
Khayah Cement Limited, formerly Lafarge Cement Zimbabwe Limited, is a construction solutions provider. The Company offers a range of cement and allied products, manufactured to meet the various construction needs of the customer. It offers products, including cement, dry mortars, and aggregates. Under the cement category, it provides various varieties of products, such as Watershield, SupaSet, Portland, and Masonry. Under the dry mortars category, it offers products, such as White Tile Grout, Grey Tile Grout, Supafix Ceramic Tile Adhesive, Supafix Bonding Liquid, SupaFix Porcelain Tile Adhesive, Impermo, SupaGrow Calcitic Lime, SupaGrow Dolomitic Lime, SupaGrow Gypsum, Colorbrite, Snolime, Cemprover, and Cemwash. Under the aggregates category, it provides products, such as 19 milli meters (mm) crashed stones, 16mm crashed stones, and washed sand. Its Watershield is a waterproofing cement used for building foundations, including special foundations, slabs, beams, canals, and others.
KHAYAH CEMENT LIMITED 
