Today we are publishing new forecasts (1) following last week’s successful EGM vote to allow the British International Investment (BII) preference shares to convert without triggering a MTO, and (2) to reflect the 23% YTD depreciation of the US dollar versus the ZMW; the currency depreciation is too big to ignore and we have upgraded our EPS (Dil. Adj.) by 70% to US2.91c from US1.71c for FY26E and by 94% to US3.01c from US1.55c for FY27E to reflect US Dollar weakness. There is no change to our u ....
