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 A DIRECTOR OF A MAJOR SUBSIDIARY OF THE COMPANY AND ISSUE OF NEW SHARES
22 June 2018
Shareholders are advised of the following information relating to the acceptance of market value options awarded on 7 June
2018 under the Stenprop Limited Long Term Incentive Plan (?Long Term Incentive Plan?). The market value options will
vest in three tranches on 31 March 2019, 31 March 2020 and 31 March 2021 and once fully vested will result in the issue of
95 816 shares subject to the payment of the exercise price of #1.10 per share, for a deemed value of #105 397.60.
Name of director: Nicolaas Marais
Name of subsidiary companies: Stenprop (UK) Limited and Stenprop (Germany) Limited
Transaction date: 7 June 2018
Class of securities: Market value options
Number of securities: 95 816
Nature of transaction: Off-market acceptance of market value options in terms of the Long Term
Incentive Plan
Nature and extent of director?s interest: Direct beneficial
Clearance to deal received: Yes
Shareholders are further advised of the following information relating to the acceptance of nil cost options awarded on 7
June 2018 under the Stenprop Limited Amended Deferred Share Bonus Plan (?Deferred Bonus Plan?). One third of these nil
cost options vested immediately, with the second third vesting on 31 March 2019 and the last third vesting on 31 March
2020. Once fully vested, they will result in the issue of 18 363 shares.
Name of director: Nicolaas Marais
Name of subsidiary companies: Stenprop (UK) Limited and Stenprop (Germany) Limited
Transaction date: 7 June 2018
Class of securities: Nil cost options
Number of securities: 18 363
Nature of transaction: Off-market acceptance of nil cost options in terms of the Deferred Bonus
Plan
Nature and extent of director?s interest: Direct beneficial
Clearance to deal received: Yes
Shareholders are further advised of the exercise of nil cost options awarded under the Deferred Bonus Plan, comprising
6 121 nil cost options granted on 7 June 2018, which vested immediately, 3 675 options awarded on 8 June 2017 which
vested on
31 March 2018 and 5 283 options awarded on 9 June 2016 which vested on 31 March 2018, which will result in the issuance
of 15 079 shares, in each case at a deemed value of #1.185 per share.
Name of director: Nicolaas Marais
Name of subsidiary companies: Stenprop (UK) Limited and Stenprop (Germany) Limited
Transaction date: 20 June 2018
Class of securities: Nil cost options
Number of securities: 15 079
Deemed total value: #17,868.61
Nature of transaction: Off-market exercise of nil cost options in terms of the Deferred Bonus Plan
Nature and extent of director?s interest: Direct beneficial
Clearance to deal received: Yes
Following the transaction, Nicolaas Marais' beneficial interest in the Company is 295 679 shares, representing
approximately 0.10% of the issued capital of the Company.
ISSUE OF NEW SHARES
Application has been made for 50 819 new ordinary shares to be admitted to the Specialist Fund Segment of the London
Stock Exchange and to the Main Board of the JSE. This application includes the above 15 079 vested options exercised by
Nicolaas Marais and an additional 35 740 ordinary shares in relation to the exercise of additional nil cost options by an
employee of the Stenprop group in terms of the Deferred Bonus Plan. It is expected that admission will take place at 8.00 am
on 26 June 2018.
Enquiries:
Stenprop Limited
Paul Arenson
44(0)20 7079 6600
Patsy Watson
Julian Carey
Numis Securities Limited (Financial Adviser)
44(0)20 7260 1000
Hugh Jonathan
Vicki Paine
Tavistock (PR adviser)
James Whitmore 44(0)20 7920 3150
James Verstringhe
Kirsty Allan
JSE Sponsor 27 (0) 11 722 3050
Java Capital Trustees and Sponsors Proprietary Limited
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.
