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Company Steppe Cement Limited
TIDM STCM
Headline

Holding(s) in Company

Released 07:00 14-Dec-2012
Number 5366T07

RNS Number : 5366T
Steppe Cement Limited
14 December 2012
 



14 December 2012

 

Steppe Cement Ltd

Update on Significant Shareholders' Interests

 

 

1.         Purchase of Shares by Significant Shareholder

 

Pursuant to AIM Rule 17, Steppe Cement Ltd ("the Company") has received notification that on 4 and 5 December 2012 Alwaha Fund Limited (an entity controlled by significant shareholder Azmi Wan Hamzah) acquired a total of 780,000 ordinary shares in the Company as follows:

 

Date

Number of shares purchased

Purchase price

4 Dec 2012

530,000

£0.2475

5 Dec 2012

250,000

£0.25

 

 

2.         Changes in Significant Shareholders' Interests Arising from the Allotment of 40 Million New Offer Shares and Current Holdings

 

The Company has received notification that the following significant shareholders subscribed to the Share Offer (as announced on 7 November 2012) and their resulting interests in the Company after the allotment of the Offer Shares are as follows:

 

Significant Shareholder

Number of Shares

Interest

Azmi Wan Hamzah (via Halfmoon Bay Capital Limited,  Mango Bay Enterprises Inc. & Alwaha Fund Limited) (balance includes the 780,000 shares purchased as noted above)

46,409,416

21.19%

David Crichton-Watt and his family (includes shares held by Asian Investment Management Services Ltd)

34,350,066

15.68%

Javier del Ser Perez (via Portola Group Limited)

15,743,115

7.19%

 

 

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

Contact Stephen Allen or Trinity McIntyre on +61 8 9480 2500.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Holding(s) in Company - RNS