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Person Discharging Managerial Responsibility

29 Jun 2020 15:00

RNS Number : 4068R
Stenprop Limited
29 June 2020
 

 

 

STENPROP LIMITED

(Registered in Guernsey)

(Registration number 64865)

LSE share code: STP JSE share code: STP

ISIN: GG00BFWMR296

("Stenprop" or the "Company")

 

 

DEALING BY A PERSON DISCHARGING MANAGERIAL RESPONSIBILITY

 

 

29 June 2020

 

Shareholders are advised of the following information relating to the sale of the Company's securities by a person discharging managerial responsibility:

 

Name:

Neil Marais

Position:

Director of Stenprop (Swiss) Limited and Stenprop Trafalgar Limited, being subsidiaries of Stenprop

Transaction date:

24 June 2020

Class of securities:

Ordinary shares

Number of securities:

225,000

Price per security

GBP 1.28

Deemed total value of the transaction:

GBP 288,000.00

Nature of transaction:

Nature and extent of director's interest:

Clearance to deal received:

On-market sale on the London Stock Exchange

Direct beneficial

Yes

 

Name:

Neil Marais

Position:

Director of Stenprop (Swiss) Limited and Stenprop Trafalgar Limited, being subsidiaries of Stenprop

Transaction date:

23 June 2020

Class of securities:

Ordinary shares

Number of securities:

50,000

Price per security

GBP 1.28

Deemed total value of the transaction:

GBP 64,000.00

Nature of transaction:

Nature and extent of director's interest:

Clearance to deal received:

On-market sale on the London Stock Exchange

Direct beneficial

Yes

 

For further information:

Stenprop Limited +44(0)20 3918 6600

Paul Arenson (paul.arenson@stenprop.com)

Julian Carey (julian.carey@stenprop.com)

James Beaumont (james.beaumont@stenprop.com)

 

Numis Securities Limited (Financial Adviser) +44(0)20 7260 1000

Hugh Jonathan

Vicki Paine

Justin Bell

 

FTI Consulting +44(0)20 3727 1000

Richard Sunderland stenprop@fticonsulting.com 

Richard Gotla

Indraneel Bose

 

Java Capital +27 (0)11 722 3050

(JSE sponsor)

 

About Stenprop:

Stenprop is a UK REIT listed on the LSE and the JSE. 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 stenprop.com.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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