Dealing by a person discharging managerial responsibility

STENPROP LIMITED
(Registered in Guernsey)
(Registration number 64865)
LSE share code: STP  JSE share code: STP
ISIN: GG00BFWMR296
(Stenprop” or the “Company”)


DEALING BY A PERSON DISCHARGING MANAGERIAL RESPONSIBILITY


14 December 2020

Shareholders are advised of the following information relating to the sale of the Company’s securities by a person discharging
managerial responsibility:

Name:                                                     Neil Marais
Position:                                                 Director of Stenprop (Swiss) Limited and Stenprop Trafalgar Limited,
                                                          being subsidiaries of Stenprop
Transaction date:                                         9 December 2020
Class of securities:                                      Ordinary shares
Number of securities:                                     20,251
Price per security                                        GBP 1.3215
Deemed total value of the transaction:                    GBP 26,761.70
Nature of transaction:                                    On-market sale on the London Stock Exchange
Nature and extent of director’s interest:                 Direct beneficial
Clearance to deal received:                               Yes


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
Justin Bell

FTI Consulting                                                             44(0)20 3727 1000
Richard Sunderland                                                stenprop@fticonsulting.com
Richard Gotla
Indraneel Bose

Java Capital                                                               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 stenprop.com.

Date: 14-12-2020 04:00:00
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