Dealing in securities by an associate of a person discharging managerial responsibility

(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.

Name:                                                      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:                                      7,662
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:                                         Yes

For further information:
Stenprop Limited                                                                  44(0)20 3918 6600
Paul Arenson (
Julian Carey (
James Beaumont (

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

Date: 09-09-2020 04:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.