Decline in Lumbumiz's stock price was caused by the sale of shares by the oldest minority shareholder

Decline in the price of Lambumiz shares, which has been observed in recent weeks, is due to the exit of a former employee from the company's shareholding, according to the company. Former employee had owned shares since the company's privatization, but he has decided to sell his shares. Minority shareholder is not an insider of the company. If he continues to sell his shares, the price of the shares may return to the initial offering price or even lower. However, the sale of his shares is unlikely to have a long-term negative impact on the company's stock price, according to the company.