Dealings in securities by directors, by associates of directors and by a director of major subsidiaries
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 DIRECTORS, BY ASSOCIATES OF DIRECTORS AND BY A DIRECTOR OF MAJOR SUBSIDIARIES OF THE COMPANY
23 January 2019
Shareholders are advised of the following information relating to dealings in securities by directors, by
associates of directors, by a director of major subsidiaries of the Company and by an associate of a director of
major subsidiaries of the Company, pursuant to the declaration of a cash dividend for the six months ended 30
September 2018 with an election to receive a scrip dividend in lieu of cash ("scrip dividend") in accordance with
the circular issued on 20 December 2018. Clearance to deal was granted in respect of all shares allocated in
terms of the scrip dividend.
Name of director: Julian Carey
Transaction date: 21 January 2019
Class of securities: Ordinary shares
Number of securities: 106,423
Price per security: GBP 1.000282
Total value: GBP 106,453.01
Nature of transaction: Election to receive shares pursuant to the scrip dividend as an
off-market transaction
Nature and extent of director's interest: Direct beneficial
Name of director: Paul Arenson
Transaction date: 21 January 2019
Class of securities: Ordinary shares
Number of securities: 13,475
Price per security: GBP 1.000282
Total value: GBP 13,478.80
Nature of transaction: Election to receive shares pursuant to the scrip dividend as an
off-market transaction
Nature and extent of director's interest: Direct beneficial
Name of associate: Jabali Enterprises Limited
Name of director and relationship to Paul Arenson, who is a discretionary beneficiary of the Lonat Trust
director: which has a beneficial interest in Jabali Enterprises Limited
Transaction date: 21 January 2019
Class of securities: Ordinary shares
Number of securities: 181,672
Price per security: GBP 1.000282
Total value: GBP 181,723.23
Nature of transaction: Election to receive shares pursuant to the scrip dividend as an
off-market transaction through SP Nominees, a nominee company
which holds shares on behalf of Jabali Enterprises Limited
Nature and extent of director's interest: Indirect beneficial
Name of associate: Zowert Properties Limited
Name of director and relationship to Paul Arenson, who is a discretionary beneficiary of the Saruga
director: Trust, which has a beneficial interest in Zowert Properties Limited
Transaction date: 21 January 2019
Class of securities: Ordinary shares
Number of securities: 56,247
Price per security: GBP 1.000282
Total value: GBP 56,262.86
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
Name of associate: Lonat Trust
Name of director and relationship to Paul Arenson, who is a discretionary beneficiary of the Lonat Trust
director:
Transaction date: 21 January 2019
Class of securities: Ordinary shares
Number of securities: 67,626
Price per security: GBP 1.000282
Total value: GBP 67,645.07
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
Name of associate: Saruga Trust
Name of director and relationship to Paul Arenson, who is a discretionary beneficiary of the Saruga Trust
director:
Transaction date: 21 January 2019
Class of securities: Ordinary shares
Number of securities: 102,874
Price per security: GBP 1.000282
Total value: GBP 102,903.01
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
Name of associate: Millicent Limited
Name of director and relationship to Patsy Watson, who is a discretionary beneficiary of the Swallow
director: Trust which has a beneficial interest in Millicent Limited
Transaction date: 21 January 2019
Class of securities: Ordinary shares
Number of securities: 147,021
Price per security: GBP 1.000282
Total value: GBP 147,062.46
Nature of transaction: Election to receive shares pursuant to the scrip dividend as an
off-market transaction through SP Nominees, a nominee company
which holds shares on behalf of Millicent Limited
Nature and extent of director's interest: Indirect beneficial
Name of associate: Pringlelight Investments Proprietary Limited
Name of director and relationship to Warren Lawlor, who is the sole director of Pringlelight Investments
director: Proprietary Limited and a beneficiary of the Warren Lawlor Family
Trust which has a beneficial interest in Pringlelight Investments
Proprietary Limited
Transaction date: 18 January 2019
Class of securities: Ordinary shares
Number of securities: 699
Price per security: ZAR 18.0013
Total value: ZAR 12,582.91
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
Name of associate: Ferryman Capital Partners Limited
Name of director and relationship to Warren Lawlor, who is a beneficiary of the Warren Lawlor Family
director: Trust, which has a beneficial interest in Ferryman Capital Partners
Limited
Transaction date: 21 January 2019
Class of securities: Ordinary shares
Number of securities: 24,745
Price per security: GBP 1.000282
Total value: GBP 24,751.98
Election to receive shares pursuant to the scrip dividend as an
Nature of transaction: off-market transaction through SP Nominees, a nominee company
which holds shares on behalf of Ferryman Capital Partners Limited
Nature and extent of director's interest: Indirect beneficial
Name of director: Neil Marais, who is a director of Stenprop (UK) Limited and
Stenprop (Germany) Limited, being major subsidiaries of Stenprop
Transaction date: 21 January 2019
Class of securities: Ordinary shares
Number of securities: 507
Price per security: GBP 1.000282
Total value: GBP 507.14
Nature of transaction: Election to receive shares pursuant to the scrip dividend as an
off-market transaction
Nature and extent of director's interest: Direct beneficial
Name of director: Neil Marais, who is a director of Stenprop (UK) Limited and
Stenprop (Germany) Limited, being major subsidiaries of Stenprop
Transaction date: 21 January 2019
Class of securities: Ordinary shares
Number of securities: 9,130
Price per security: GBP 1.000282
Total value: GBP 9,132.57
Nature of transaction: Election to receive shares pursuant to the scrip dividend as an
off-market transaction through SP Nominees, a nominee company
which holds shares on behalf of Neil Marais
Nature and extent of director's interest: Direct beneficial
Name of associate: Sphere Investments Limited
Name of director and relationship to Stephen Ball, who is a director of Stenprop (UK) Limited and
director: Stenprop (Germany) Limited, being major subsidiaries of
Stenprop. Stephen Ball has a beneficial interest in Sphere
Investments Limited
Transaction date: 21 January 2019
Class of securities: Ordinary shares
Number of securities: 9,432
Price per security: GBP 1.000282
Total value: GBP 9,434.66
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
For further information:
Stenprop Limited
Paul Arenson
44(0)20 3918 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
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.
Date: 23/01/2019 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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