Transaction in own shares

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


30 September 2020

Further to the announcement published on 3 July 2020 informing shareholders that the Company intended to
repurchase shares to mitigate the dilutive effect of the scrip dividend election, shareholders are advised that on
29 September 2020, the Company purchased 245,000 ordinary shares at 117 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 14,237,479 ordinary
shares and the total number of shares in issue less shares held in treasury is 284,537,696 ordinary shares. From
29 September 2020, the total number of voting rights in the Company is 284,537,696.


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
Justin Bell

FTI Consulting                                                     44(0)20 3727 1000
Richard Sunderland                                                stenprop@fticonsulting.com
Richard Gotla
Indraneel Bose

Java Capital Trustees and Sponsors Proprietary Limited             27 (0)11 722 3050
(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
stenprop.com.

Date: 30-09-2020 12:00:00
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