12 Mar 2019 13:00
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 AN ASSOCIATE OF A DIRECTOR OF THE COMPANY AND BY A DIRECTOR OF MAJOR SUBSIDIARIES OF THE COMPANY
12 March 2019
Shareholders are advised of the following information relating to dealings in securities by an associate of a director of the Company and by a director of major subsidiaries of the Company:
Name of associate: | Millicent Limited |
Name of director and relationship to director: | Patsy Watson, who is a discretionary beneficiary of the Swallow Trust which has a beneficial interest in Millicent Limited |
Transaction date: | 11 March 2019 |
Class of securities: | Ordinary shares |
Number of securities: | 116,500 |
Price per security: | GBP 1.1325 |
Total value: | GBP 131,936.25 |
Nature of transaction: | On-market sale on the London Stock Exchange ("LSE") |
Nature and extent of director's interest: | Indirect beneficial |
Name of director of major subsidiaries: | Neil Marais |
Name of major subsidiaries: | Stenprop (UK) Limited and Stenprop (Germany) Limited |
Transaction date: | 11 March 2019 |
Class of securities: | Ordinary shares |
Number of securities: | 8,045 |
Price per security: | GBP 1.1325 |
Total Value: | GBP 9,110.96 |
Nature of transaction: Nature and extent of director's interest: Clearance to deal received: | On-market sale on the LSE Direct beneficial Yes |
For further information:
Stenprop Limited Paul ArensonPatsy WatsonJulian Carey | +44(0)20 3918 6600 |
Numis Securities Limited (Financial Adviser) Hugh JonathanVicki Paine | +44(0)20 7260 1000 |
JSE Sponsor Java Capital Trustees and Sponsors Proprietary Limited | + 27 (0) 11 722 3050 |
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.