Transaction in Own Shares

RNS Number : 0735C

Stenprop Limited

05 February 2020

 

STENPROP LIMITED

(Registered in Guernsey)

(Registration number 64865)

LSE share code: STP    JSE share code: STP

ISIN:  GG00BFWMR296

("Stenprop" or the "Company")

TRANSACTION IN OWN SHARES

5 February 2020

Further to the announcement published on 19 December 2019 informing shareholders that the Company intended to repurchase shares to mitigate the dilutive effect of the scrip dividend election, shareholders are advised that on 4 February 2020, the Company purchased 375,000 ordinary shares at 128 pence per share. These shares will be held as treasury shares.

Following the above transaction, the total number of treasury shares held by the Company is 16,205,040 ordinary shares and the total number of shares in issue less shares held in treasury is 282,570,135 ordinary shares. From 4 February 2020, the total number of voting rights in the Company is 282,570,135.

For further information:

Stenprop Limited                                                                                          [phone]

Paul Arenson

James Beaumont

Julian Carey

Numis Securities Limited (Financial Adviser)                                         [phone]

Hugh Jonathan

Vicki Paine  

Tavistock (PR Adviser)                                                                                 [phone]

James Whitmore

James Verstringhe

Charlotte Dale

Java Capital Trustees and Sponsors Proprietary Limited                     [phone]

(JSE sponsor)

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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