TIDMSTP

RNS Number : 8518S

Stenprop Limited

19 March 2021

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

19 March 2021

Shareholders are advised of the following information relating to a dealing in the Company's securities by an associate of a director.

 
Name of associate:                       Millicent Limited 
Name of director and relationship        Patsy Watson, who is a discretionary 
 to director:                             beneficiary of the Swallow Trust which 
                                          has a beneficial interest in Millicent 
                                          Limited 
Transaction date:                        18 March 2021 
Class of securities:                     Ordinary shares 
Number of securities sold:               4,100,000 
Price per security:                      GBP 1.4375 
Deemed total value of the transaction:   GBP 5,893,750.00 
Nature of transaction:                   On-market sale 
Nature and extent of director's          Indirect beneficial 
 interest: 
---------------------------------------  --------------------------------------- 
 

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

FTI Consulting (PR Adviser) +44(0)20 3727 1000

Dido Laurimore

Richard Sunderland

Richard Gotla

Neel Bose

Stenprop@fticonsulting.com

Java Capital (JSE Sponsor) +27 (0)11 722 3050

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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March 19, 2021 05:00 ET (09:00 GMT)