Director/PDMR Shareholding

RNS Number : 5211Y

Stenprop Limited

09 September 2020

 

                 STENPROP LIMITED

(Registered in Guernsey)

(Registration number 64865)

LSE share code: STP  JSE share code: STP

ISIN:  GG00BFWMR296

("Stenprop" or the "Company")

DEALING IN SECURITIES BY AN ASSOCIATE OF A PERSON DISCHARGING MANAGERIAL RESPONSIBILITY

9 September 2020

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 2020 either as a cash dividend or a scrip dividend in return for Stenprop shares (the "Scrip Dividend"). In addition to the announcement published on 6 August 2020, shareholders are advised of the following information relating to a dealing in securities by an associate of a person discharging managerial responsibility in terms of the Scrip Dividend.

Name:	Sphere Investments Limited
Name of director and relationship to director:	Stephen Ball, director of Stenprop (Swiss) Limited and Stenprop Trafalgar Limited, being subsidiaries of Stenprop. Stephen Ball has a beneficial interest in Sphere Investments Limited.
Issue date:	14 August 2020
Class of securities:	Ordinary shares
Number of securities:	7,662
Deemed total value of the transaction:	GBP 9,013.13 (at a value of GBP 1.176342 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
Clearance to deal:	Yes

For further information:

Stenprop Limited   [phone]

Paul Arenson ([e-mail])

Julian Carey ([e-mail])

James Beaumont ([e-mail])

Numis Securities Limited (Financial Adviser)   [phone]

Hugh Jonathan

Vicki Paine

FTI Consulting (PR Adviser)      [phone]

Dido Laurimore

Richard Sunderland

Richard Gotla

Neel Bose

[e-mail]

Java Capital Trustees and Sponsors Proprietary Limited                                        [phone]

(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 www.stenprop.com.

 

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