23 November 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, has purchased 200,000 ordinary shares of nil par value each in the capital of the Company ("Ordinary Shares"), at a price of 22.375 pence per share, via Portola Group Limited.
Accordingly, the family of Javier del Ser Pérez is now interested in 18,903,115 Ordinary Shares, representing approximately 8.63% 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 Officer | Tel: +(603) 2166 0361 |
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| Strand Hanson Limited (Nominated & Financial Adviser and Broker) | |
| James Spinney / Ritchie Balmer / Robert Collins | Tel: +44 20 7409 3494 |
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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 instrument, type of instrument | Ordinary shares of nil par value each 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) |
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| d) | Aggregated information Aggregated volume Price | 200,000 shares at 22.375 pence per share | ||||
| e) | Date of the transaction | 22 November 2023 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
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