Director/PDMR Shareholding

RNS Number : 6200S

Stenprop Limited

12 March 2019

 

            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 Arenson Patsy Watson Julian Carey	[phone]
Numis Securities Limited (Financial Adviser) Hugh Jonathan Vicki Paine	[phone]
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.

 

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