Cambria Africa PLC Appointment of Joint Broker (3575J)
December 04 2018 - 3:18AM
UK Regulatory
TIDMCMB
RNS Number : 3575J
Cambria Africa PLC
04 December 2018
04 December 2018
Cambria Africa Plc
('Cambria Africa' or 'the Company')
Appointment of Joint Broker
Cambria Africa Plc (AIM: CMB), the AIM listed investment
company, with controlling interests in companies well-positioned to
benefit from the growth and modernisation of Zimbabwe's economy, is
pleased to announce the appointment of SVS Securities plc to act as
its joint broker with immediate effect.
Cambria Africa is focused on investments in operating companies
in Zimbabwe. Its wholly owned operations in Zimbabwe are:
-- Payserv Africa, a FINTECH company with $7.57 million in
revenues in FY 2018. Payserv's Paynet Zimbabwe subsidiary is
responsible for switching 40% of all financial transactions in
Zimbabwe. It also has a significant presence in payroll management
and consumer loan processing.
-- Millchem Zimbabwe, a value chemicals distributor with $1.87 million in revenues in FY 2018.
Cambria's unaudited preliminary consolidated earnings in FY 2018
were 0.52 US cents per share on revenues of US $9.44 million.
Contacts
Cambria Africa Plc: www.cambriaafrica.com
Samir Shasha +44 (0) 207 669 0115
Email: info@cambriaafrica.com
www.wh-ireland.co.uk
WH Ireland Limited:
James Joyce / Chris Viggor +44 (0) 20 7220 1666
SVS Securities Plc +44 (0) 20 3700 0093
Tom Curran / Ben Tadd
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END
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