Last checked at 2 Oct 2014 07:00
Steppe Cement Ltd
2 October 2014
Steppe Cement Ltd
Declaration of Interim Dividend
Steppe Cement Ltd ("Steppe Cement") is pleased to announce that the board of directors is recommending an interim dividend of 1pence (tax exempt and therefore gross and net) per ordinary share of no par value be paid to shareholders of Steppe Cement, totaling a payment of £2,190,000.
The interim dividend is payable in respect of the third quarter financial period ended 30 September 2014 and is payable from the dividends distributed by the Group's subsidiary of approximately EUR3.3 million, net of tax. The remaining balance of the EUR3.3 million subsidiary dividend payment will be used to defray future operating expenses of Steppe Cement.
The relevant information and dates of the interim dividend are set out below:
Dividend amount per Ordinary Share | 1 Pence (tax exempt) |
Ex-Dividend Date * | 9 October 2014 |
Record Date # | 10 October 2014 |
Payment Date | 31 October 2014 |
Availability of any Scrip or DRIP options | Not Applicable |
Notes:
* Shares purchased on or after the Ex-Dividend Date will not be entitled to the interim dividend.
# Shareholders whose names appear on Steppe Cement's share register at the close of business on the Record Date are entitled to receive the dividend.
For further enquiries, please contact:
Contact number | |||
Computershare UK
| +44 (0) 870 707 1138 | #UKCSBRSDITeam@computershare.co.uk | |
Steppe Cement Ltd | +603 2166 0361 | ir@steppecement.com |
Steppe Cement's AIM nominated adviser is RFC Ambrian Ltd.
Contact Stephen Allen or Trinity McIntyre on +61 8 9480 2500.