Dealings by an associate of a director of the Company

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


13 March 2020

Shareholders are advised of the following information relating to the sale of Company’s securities by an associate of a

Name of associate                                        Millicent Limited
Name of director:                                        Patsy Watson, who is a discretionary beneficiary of the Swallow
                                                         Trust, which has a beneficial interest in Millicent Limited
Transaction date:                                        13 March 2020
Class of securities:                                     Ordinary shares
Number of securities sold:                               65,400
Price per security:                                      GBP 1.10
Deemed total value of the transaction:                   GBP 71,940
Nature of transaction:                                   On-market sale on the London Stock Exchange, through SP
                                                         Nominees Limited, a nominee company which holds shares on
                                                         behalf of Millicent Limited
Nature and extent of director’s interest:                Indirect beneficial

For further information:

Stenprop Limited
Paul Arenson
                                                                     44(0)20 3918 6600
Julian Carey
James Beaumont

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

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

Date: 13-03-2020 04:00:00
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