RNS Number : 5211Y
Stenprop Limited
09 September 2020




                 STENPROP LIMITED

(Registered in Guernsey)

(Registration number 64865)

LSE share code: STP    JSE share code: STP


("Stenprop" or the "Company")






9 September 2020


Stenprop shareholders are referred to previous announcements in respect of the offer to receive the final dividend of 3.375 pence per share for the six months ended 31 March 2020 either as a cash dividend or a scrip dividend in return for Stenprop shares (the "Scrip Dividend"). In addition to the announcement published on 6 August 2020, shareholders are advised of the following information relating to a dealing in securities by an associate of a person discharging managerial responsibility in terms of the Scrip Dividend.



Sphere Investments Limited

Name of director and relationship to director:

Stephen Ball, director of Stenprop (Swiss) Limited and Stenprop Trafalgar Limited, being subsidiaries of Stenprop. Stephen Ball has a beneficial interest in Sphere Investments Limited.

Issue date:

14 August 2020

Class of securities:

Ordinary shares

Number of securities:


Deemed total value of the transaction:

GBP 9,013.13 (at a value of GBP 1.176342 per share)

Nature of transaction:

Election to receive shares pursuant to the Scrip Dividend as an off-market transaction

Nature and extent of director's interest:

Indirect beneficial

Clearance to deal:




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



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 www.stenprop.com.


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