Issue of new shares

(Registered in Guernsey)
(Registration number 64865)
LSE share code: STP JSE share code: STP
("Stenprop" or the "Company")


23 August 2018

The Company announces that 4,019 new ordinary shares of 0,000001258 Euros each in the capital of the Company (the "New
Shares") were issued today following the exercise of options awarded in terms of the Company’s deferred share bonus plan. 
The New Shares were issued under the Company’s block listing facility with the London Stock Exchange.

Following this issue, the total number of shares issued by the Company is 294,409,594 of which 11,662,469 are treasury shares
and have no voting rights. Therefore, from 23 August 2018, the total number of voting rights in the Company is 282,747,125.

The figure of 282,747,125 shares may be used by shareholders in the Company as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of 
the Company under the UK Financial Conduct Authority’s Disclosure and Transparency Rules.

For further information:

Stenprop Limited                                                          44(0)20 7079 6600
Paul Arenson
Patsy Watson
Julian Carey

Numis Securities Limited (Financial Adviser)                              44(0)20 7260 1000
Hugh Jonathan
Vicki Paine

Tavistock (PR Adviser)                                                    44(0)20 7920 3150
James Whitmore
James Verstringhe
Kirsty Allan

Instinctif Partners (SA Investor Relations and PR Adviser)                27 (0)11 447 3030
Keagile Makgoba

Java Capital (JSE sponsor)                                                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

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