Purchase of Shares by Substantial Shareholder

RNS Number : 7598I
Steppe Cement Limited
20 April 2022
 

20 April 2022

 

Steppe Cement Ltd

Purchase of Shares by Substantial Shareholder

 

Pursuant to AIM Rule 17, Steppe Cement Ltd ("Steppe Cement" or "Company") received notification on 20 April 2022 that Alwaha Fund Limited acquired 500,000 ordinary shares at 29.25 pence per share in Steppe Cement on 4 March 2022.  Following the acquisition, Azmi Wan Hamzah, raised his shareholdings in Steppe Cement from 67,485,906 shares to 67,985,906, representing approximately 31% of the Company's issued share capital. Azmi Wan Hamzah's interests in Steppe Cement are held via Halfmoon Bay Capital Limited, Mango Bay Enterprises Inc. and Alwaha Fund Limited.

 

Steppe Cement's AIM nominated adviser and broker is RFC Ambrian Limited.

Nominated Adviser: Contact Stephen Allen or Andrew Thomson at +61 8 9480 2500.

Broker: Contact Charlie Cryer at +44 20 3440 6800

 

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