STENPROP LIMITED
(Registered in Guernsey)
(Registration number 64865)
LSE share code: STP JSE share code: STP
ISIN: GG00BFWMR296
("Stenprop" or the "Company")
DEALINGS BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY
13 March 2020
Shareholders are advised of the following information relating to the sale of Company's securities by an associate of a director:
Name of associate |
Millicent Limited |
Name of director: |
Patsy Watson, who is a discretionary beneficiary of the Swallow Trust, which has a beneficial interest in Millicent Limited |
Transaction date: |
13 March 2020 |
Class of securities: |
Ordinary shares |
Number of securities sold: |
65,400 |
Price per security: |
GBP 1.10 |
Deemed total value of the transaction: |
GBP 71,940 |
Nature of transaction: Nature and extent of director's interest: |
On-market sale on the London Stock Exchange, through SP Nominees Limited, a nominee company which holds shares on behalf of Millicent Limited Indirect beneficial |
For further information:
Stenprop Limited Paul Arenson Julian Carey James Beaumont |
+44(0)20 3918 6600 |
Numis Securities Limited (Financial Adviser)
Hugh Jonathan |
+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.