29 December 2011
Steppe Cement Ltd
Purchase of Shares by Significant Shareholder
Pursuant to AIM Rule 17, Steppe Cement Ltd ("the Company") received a notification that
an interest controlled by significant shareholder Azmi Wan Hamzah acquired a total of 2,060,000 ordinary shares in the Company as follows:
Date |
Number of shares purchased |
Price |
11 Nov 2011 |
550,000 |
£0.3395 |
16 Nov 2011 |
510,000 |
£0.335 |
22 Nov 2011 |
500,000 |
£0.3425 |
23 Dec 2011 |
150,000 |
£0.34 |
28 Dec 2011 |
350,000 |
£0.34 |
Following this transaction, Azmi Wan Hamzah's interest in the Company increased from 30,494,416 shares to 32,554,416 shares, representing 18.19% of the Company's issued share capital.
The Company's Nominated Adviser is RFC Corporate Finance Ltd.
Contact: Stephen Allen or Trinity McIntyre, +61 8 9480 2500