Steppe Cement Limited
6 January 2009
Change in Significant Shareholder's Interest
Pursuant to AIM Rule 17, Steppe Cement Limited ('Steppe' or the 'Company') has been advised by significant shareholder David Crichton-Watt that his family has increased its holding in the Company to 16,754,262 shares, representing an interest of 14.7%.
The increase of shares from the previous announcement made on 5 July 2007 arises as follows:
Date |
Number of shares acquired |
Price paid/received per share |
22 November 2007 |
50,000 |
£2.16 |
07 January 2008 |
Sold 50,000 |
£2.836 |
15 May 2008 |
Sold 67,000 |
£3.00 |
07 October 2008 |
100,000 |
£1.02 |
08 October 2008 |
40,000 |
£1.02 |
14 October 2008 |
20,000 |
£1.01 |
15 October 2008 |
55,000 |
£0.97 |
16 October 2008 |
160,000 |
£0.50 |
09 December 2008 |
150,000 |
£0.50 |
31 December 2008 |
374,962 |
£0.28 |
05 January 2009 |
700,000 |
£0.28 |
The Company's Nominated Adviser is RFC Corporate Finance Ltd.
Contact: Stephen Allen or Trinity McIntyre, ph: +61 8 9480 2500