Steppe Cement Limited Director's Dealing (9363U)

TIDMSTCM

RNS Number : 9363U

Steppe Cement Limited

28 November 2023

Steppe Cement Limited

("Steppe Cement" or the "Company")

Director's Dealing

Steppe Cement Limited announces that it has been notified that the family of the Company's Chief Executive Officer, Javier del Ser Pérez, has today purchased 100,000 ordinary shares of nil par value each in the capital of the Company ("Ordinary Shares"), at a price of 23.5 pence per share, via Portola Group Limited.

Accordingly, the family of Javier del Ser Pérez is now interested in 19,003,115 Ordinary Shares, representing approximately 8.68% of the Company's existing issued share capital.

For further information, please contact:

 
 Steppe Cement Limited                            www.steppecement.com 
 Javier del Ser Pérez, Chief Executive           Tel: +(603) 2166 
  Officer                                                         0361 
 
 Strand Hanson Limited (Nominated & Financial   www.strandhanson.co.uk 
  Adviser and Broker) 
 James Spinney / Ritchie Balmer / Robert              Tel: +44 20 7409 
  Collins                                                         3494

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

PDMR Notification Form:

 
       Details of the person discharging managerial responsibilities 
  1.    / person closely associated 
 a)    Name                             Javier del Ser Pérez 
      -------------------------------  ------------------------------------- 
       Reason for the Notification 
  2. 
      ---------------------------------------------------------------------- 
 a)    Position/status                  Chief Executive Officer 
      -------------------------------  ------------------------------------- 
 b)    Initial notification/amendment   Initial notification 
      -------------------------------  ------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3.    auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------- 
 a)    Name                             Steppe Cement Limited 
      -------------------------------  ------------------------------------- 
 b)    LEI                              2138006TDVGH5T3U4Z46 
      -------------------------------  ------------------------------------- 
       Details of the transaction(s):section to be repeated for (i) 
  4.    each type of instrument; (ii) each type of transaction; (iii) 
        each date; and (iv)each place where transactions have been 
        conducted 
      ---------------------------------------------------------------------- 
 a)    Description of the Financial     Ordinary shares of nil par value 
        instrument, type of              each in the share capital of Steppe 
        instrument                       Cement Limited 
      -------------------------------  ------------------------------------- 
       Identification code              MYA004433001 
      -------------------------------  ------------------------------------- 
 b)    Nature of the Transaction        Purchase of Ordinary Shares 
      -------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s)            Price(s)      Volume(s) 
                                          23.5 pence    100,000 
                                                       ---------- 
      -------------------------------  ------------------------------------- 
 d)    Aggregated information           100,000 shares at 23.5 pence per 
        Aggregated volume Price          share 
      -------------------------------  ------------------------------------- 
 e)    Date of the transaction          28 November 2023 
      -------------------------------  ------------------------------------- 
 f)    Place of the transaction         London Stock Exchange, AIM Market 
                                         (XLON) 
      -------------------------------  -------------------------------------

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END

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November 28, 2023 06:44 ET (11:44 GMT)

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