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STENPROP LIMITED - Dealings in securities by a director and by associates of a director of Stenprop

Release Date: 22/08/2019 11:00
Code(s): STP     PDF:  
 
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Dealings in securities by a director and by associates of a director of Stenprop

STENPROP LIMITED
(Registered in Guernsey)
(Registration number 64865)
LSE share code: STP  JSE share code: STP
ISIN: GG00BFWMR296
("Stenprop" or the "Company")


DEALINGS IN SECURITIES BY A DIRECTOR AND BY ASSOCIATES OF A DIRECTOR OF STENPROP


22 August 2019

Stenprop shareholders are referred to previous announcements in respect of the offer to receive the final dividend of 3.375 pence 
per share for the six months ended 31 March 2019 either as a cash dividend or a scrip dividend in return for Stenprop shares 
(the "Scrip Dividend"), the results of which were announced on Thursday, 15 August 2019. Shareholders are advised of the following 
information relating to dealings in securities by a director and by associates of a director of the Company in terms of the Scrip 
Dividend. Clearance to deal was granted in respect of all shares allocated in terms of the Scrip Dividend.

Name of director:                                       Paul Arenson
Transaction date:                                       16 August 2019
Class of securities:                                    Ordinary shares
Number of securities:                                   12,338
Deemed total value of the transaction:                  GBP 13,267.91 (at a value of GBP 1.07537 per share)
Nature of transaction:                                  Election to receive shares pursuant to the Scrip Dividend as an off-market 
                                                        transaction
Nature and extent of director's interest:               Direct beneficial

Name of associate:                                      Zowert Properties Limited
Name of director and relationship to director:          Paul Arenson, who is a discretionary beneficiary of the Saruga Trust,
                                                        which has a beneficial interest in Zowert Properties Limited
Transaction date:                                       16 August 2019
Class of securities:                                    Ordinary shares
Number of securities:                                   51,499
Deemed total value of the transaction:                  GBP 55,380.48 (at a value of GBP 1.07537 per share)
Nature of transaction:                                  Election to receive shares pursuant to the Scrip Dividend as an off-market 
                                                        transaction
Nature and extent of director's interest:               Indirect beneficial

Name of associate                                       Lonat Trust
Name of director and relationship to director:          Paul Arenson, who is a discretionary beneficiary of the Lonat Trust
Transaction date:                                       16 August 2019
Class of securities:                                    Ordinary shares
Number of securities:                                   61,918
Deemed total value of the transaction:                  GBP 66,584.76 (at a value of GBP 1.07537 per share)
Nature of transaction:                                  Election to receive shares pursuant to the Scrip Dividend as an off-market 
                                                        transaction
Nature and extent of director's interest:               Indirect beneficial

Name of associate                                       Saruga Trust
Name of director and relationship to director:          Paul Arenson, who is a discretionary beneficiary of the Saruga Trust
Transaction date:                                       16 August 2019
Class of securities:                                    Ordinary shares
Number of securities:                                   94,192
Deemed total value of the transaction:                  GBP 101,291.25 (at a value of GBP 1.07537 per share)
Nature of transaction:                                  Election to receive shares pursuant to the Scrip Dividend as an off-market 
                                                        transaction
Nature and extent of director's interest:               Indirect beneficial


For further information:

Stenprop Limited                                        +44(0)20 3918 6600
Paul Arenson
James Beaumont
Julian Carey

Numis Securities Limited (Financial Adviser)            +44(0)20 7260 1000
Hugh Jonathan
Vicki Paine

Java Capital                                            +27 (0)11 722 3050
(JSE Sponsor)

About Stenprop:
Stenprop is a Guernsey-registered UK REIT. The objective of the Company is to deliver sustainable growing income to its
investors. Stenprop's investment policy is to invest in a diversified portfolio of UK multi-let industrial (MLI) properties with
the strategic goal of becoming the leading MLI business in the UK. For further information, go to www.stenprop.com.

Date: 22/08/2019 11:00:00
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