RNS Number : 6200S
Stenprop Limited
12 March 2019
 

 

 

 

            STENPROP LIMITED

(Registered in Guernsey)

(Registration number 64865)

LSE share code: STP    JSE share code: STP

ISIN:  GG00BFWMR296

("Stenprop" or the "Company")

 

 

DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY AND BY A DIRECTOR OF MAJOR SUBSIDIARIES OF THE COMPANY

 

 

12 March 2019

 

Shareholders are advised of the following information relating to dealings in securities by an associate of a director of the Company and by a director of major subsidiaries of the Company:

 

Name of associate:

Millicent Limited

Name of director and relationship to director:

Patsy Watson, who is a discretionary beneficiary of the Swallow Trust which has a beneficial interest in Millicent Limited

Transaction date:

11 March 2019

Class of securities:

Ordinary shares

Number of securities:

116,500

Price per security:

GBP 1.1325

Total value:

GBP 131,936.25

Nature of transaction:

On-market sale on the London Stock Exchange ("LSE")

Nature and extent of director's interest:

Indirect beneficial

 

Name of director of major subsidiaries:

Neil Marais

Name of major subsidiaries:

Stenprop (UK) Limited and Stenprop (Germany) Limited

Transaction date:

11 March 2019

Class of securities:

Ordinary shares

Number of securities:

8,045

Price per security:

GBP 1.1325

Total Value:

GBP 9,110.96

Nature of transaction:

Nature and extent of director's interest:

Clearance to deal received:

On-market sale on the LSE

Direct beneficial

Yes

 

For further information:

 

Stenprop Limited

Paul Arenson
Patsy Watson
Julian Carey

44(0)20 3918 6600

 

Numis Securities Limited (Financial Adviser)

Hugh Jonathan
Vicki Paine

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.


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