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Steppe Cement Limited announced on 12 December 2024 that it has resolved the details for its Capital Repayment. The Record Date for this repayment is 17 December 2024, with a Payment Date of 31 December 2024. The Capital Repayment will be USD4,200,000 in cash, paid in GBP, and is expected to represent approximately 1.5 pence per ordinary share.
| Date | 12 Dec 2024 |
| Time | 07:00:01 |
| Category | Miscellaneous |
| ID | 6711P |
12 December 2024
Steppe Cement Limited
("Steppe Cement" or the "Company")
Capital Repayment Record Date
Further to the announcement released by the Company on 6 December 2024, Steppe Cement has resolved on the details of the Capital Repayment as follows:
Record Date: 17 December 2024
Payment Date: 31 December 2024
Capital Repayment of, in aggregate, USD4,200,000 in cash, will be paid in GBP and is expected to represent approximately 1.5 pence per ordinary share of no par value each.
Further information on the Capital Repayment is set out in the Circular announced and published on 15 November 2024.
Terms used in this announcement, but which are otherwise undefined shall have the same meanings as set out in the Circular.
For further information, please contact:
Steppe Cement Limited www.steppecement.com
Javier del Ser Pérez, Chief Executive Officer Tel: +(603) 2166 0361
Strand Hanson Limited (Nominated & Financial Adviser and Broker) www.strandhanson.co.uk
James Spinney / Ritchie Balmer / Robert Collins Tel: +44 20 7409 3494