Declaration of Interim Dividend

RNS Number : 2356T

Steppe Cement Limited

02 October 2014

 



Steppe Cement Ltd

2 October 2014

Steppe Cement Ltd

Declaration of Interim Dividend

Steppe Cement Ltd ("Steppe Cement") is pleased to announce that the board of directors is recommending an interim dividend of 1pence (tax exempt and therefore gross and net) per ordinary share of no par value be paid to shareholders of Steppe Cement, totaling a payment of £2,190,000.

The interim dividend is payable in respect of the third quarter financial period ended 30 September 2014 and is payable from the dividends distributed by the Group's subsidiary of approximately EUR3.3 million, net of tax. The remaining balance of the EUR3.3 million subsidiary dividend payment will be used to defray future operating expenses of Steppe Cement.

The relevant information and dates of the interim dividend are set out below:

Dividend amount per Ordinary Share	1 Pence (tax exempt)
Ex-Dividend Date *	9 October 2014
Record Date #	10 October 2014
Payment Date	31 October 2014
Availability of any Scrip or DRIP options	Not Applicable

Notes:

* Shares purchased on or after the Ex-Dividend Date will not be entitled to the interim dividend.

# Shareholders whose names appear on Steppe Cement's share register at the close of business on the Record Date are entitled to receive the dividend.

For further enquiries, please contact:

	Contact number	Email
Computershare UK	[phone]	#[e-mail]
Steppe Cement Ltd	[phone]	[e-mail]

Steppe Cement's AIM nominated adviser is RFC Ambrian Ltd.

Contact Stephen Allen or Trinity McIntyre on [phone].

 

END

 

 

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