TITAN CEMENT INTERNATIONAL S.A

ANNOUNCEMENT OF DISPOSAL OF OWN SHARES

Brussels, 27 September 2019, 13:00 CET - Titan Cement International S.A. (Euronext Brussels, ATHEX and Euronext Paris, TITC) announces, in accordance with article 8:6 of the Royal Decree of 30 April 2019 implementing the Belgian Companies and Associations Code, the disposal by its subsidiary, Titan Cement Company S.A. (“Titan S.A.”), of 2,682 shares in Titan Cement International S.A. (“TCI”).

 

The TCI shares were sold on 24 September 2019 by Titan S.A. to three employees of the Titan Group through OTC transactions in the context of the exercise of stock options at an exercise price of Euro 10 per share, for a total amount of Euro 26,820.

Following the above transactions, Titan S.A. owns 4,842,241 TCI shares, representing 5.87% of the voting rights of TCI.