(Registered in Guernsey)
(Registration number 64865)
LSE share code: STP JSE share code: STP
("Stenprop" or the "Company")
TRANSACTION IN OWN SHARES
11 March 2019
Further to the announcement published on 20 December 2018 informing shareholders that the Company intended to repurchase shares to mitigate the dilutive effect of the scrip dividend election, shareholders are advised that on 8 March 2019, the Company purchased 300,000 ordinary shares at 113 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 15,767,469 ordinary shares and the total number of shares in issue less shares held in treasury is 283,007,706 ordinary shares. From 8 March 2019, the total number of voting rights in the Company is 283,007,706.
For further information:
Stenprop Limited 44(0)20 3918 6600
Numis Securities Limited (Financial Adviser) 44(0)20 7260 1000
Tavistock (PR Adviser) 44(0)20 7920 3150
Java Capital Trustees and Sponsors Proprietary Limited 27 (0)11 722 3050
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.