In accordance with the Lusaka Securities Exchange (“LuSE”) Listing Requirements, the Board of Directors of ZAMEFA (the “Board”) wishes to advise the Shareholders that for the half-year ended 31 March 2022 (“reporting period”) the basic loss per share (“LPS’) is expected to increase by between 43% and 63% from the corresponding period in the prior year for both the Group and for the Company (collectively the “Group”).