Steppe Cement Limited Director's Dealing (0834N)

TIDMSTCM

RNS Number : 0834N

Steppe Cement Limited

20 September 2023

Steppe Cement Limited

("Steppe Cement" or the "Company")

Director's Dealing

Steppe Cement Limited announces that is has been notified that the family of the Company's Chief Executive Officer, Javier del Ser Pérez, yesterday purchased 160,000 ordinary shares of nil par value each in the capital of the Company ("Ordinary Shares"), on market, at a price of 23.28 pence per share, for a total consideration of GBP37,250.

Accordingly, the family of Javier del Ser Pérez is now interested in 18,703,115 Ordinary Shares, representing approximately 8.54% of the Company's existing issued share capital.

For further information, please contact:

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

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              Javier del Ser Pérez 
     --------------------------------  --------------------------------------- 
 2.   Reason for the Notification 
     ------------------------------------------------------------------------- 
 a)   Position/status                   Chief Executive Officer 
     --------------------------------  --------------------------------------- 
 b)   Initial notification/amendment    Initial notification 
     --------------------------------  --------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Name                              Steppe Cement Limited 
     --------------------------------  --------------------------------------- 
 b)   LEI                               2138006TDVGH5T3U4Z46 
     --------------------------------  --------------------------------------- 
 4.   Details of the transaction(s):section to be repeated for 
       (i) 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 each 
       instrument, type of instrument    in the share capital of Steppe Cement 
                                         Limited 
     --------------------------------  --------------------------------------- 
      Identification code               MYA004433001 
     --------------------------------  --------------------------------------- 
 b)   Nature of the Transaction         Purchase of Ordinary Shares 
     --------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)          Volume(s) 
                                          23.28125 pence    160,000 
                                                           ---------- 
     --------------------------------  --------------------------------------- 
 d)   Aggregated information            160,000 shares at 23.28125 pence per 
       Aggregated volume Price           share 
     --------------------------------  --------------------------------------- 
 e)   Date of the transaction           19 September 2023 
     --------------------------------  --------------------------------------- 
 f)   Place of the transaction          London Stock Exchange, AIM Market 
                                         (XLON) 
     --------------------------------  ---------------------------------------

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END

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September 20, 2023 05:19 ET (09:19 GMT)

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