Dealings in securities by a director, associates of directors and 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”)
DEALINGS IN SECURITIES BY A DIRECTOR, ASSOCIATES OF DIRECTORS AND A PERSON DISCHARGING MANAGERIAL RESPONSIBILITY
2 February 2021
Stenprop shareholders are referred to previous announcements in respect of the offer to receive the
interim dividend of 3.375 pence per share for the six months ended 30 September 2020 either as a cash
dividend or a scrip dividend by way of an issue of new Stenprop shares (the “Scrip Dividend”).
Shareholders are advised of the following information relating to dealings in securities by a director, by
associates of directors and by an associate of a person discharging managerial responsibility. Clearance
to deal was granted in respect of all Scrip Dividend elections.
Name of director: Paul Arenson
Transaction date: 29 January 2021
Class of securities: Ordinary shares
Number of securities to be issued as a result
of the transaction: 10,254
Deemed total value of the transaction: GBP 14,112.0675 (at a value of GBP 1.37625 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: Direct beneficial
Name of associate Jabali Enterprises Limited
Name of director and relationship to Paul Arenson, who is a discretionary beneficiary of the
director: Lonat Trust which has a beneficial interest in Jabali
Enterprises Limited
Transaction date: 29 January 2021
Class of securities: Ordinary shares
Number of securities to be issued as a result
of the transaction: 138,245
Deemed total value of the transaction: GBP 190,259.68125 (at a value of GBP 1.37625 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
Name of associate Saruga Trust
Name of director and relationship to Paul Arenson, who is a discretionary beneficiary of the
director: Saruga Trust
Transaction date: 29 January 2021
Class of securities: Ordinary shares
Number of securities to be issued as a result
of the transaction: 78,283
Deemed total value of the transaction: GBP 107,736.97875 (at a value of GBP 1.37625 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
Name of associate Lonat Trust
Name of director and relationship to Paul Arenson, who is a discretionary beneficiary of the
director: Lonat Trust
Transaction date: 29 January 2021
Class of securities: Ordinary shares
Number of securities to be issued as a result
of the transaction: 51,460
Deemed total value of the transaction: GBP 70,821.82500 (at a value of GBP 1.37625 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
Name of associate: Zowert Properties Limited
Name of director and relationship to Paul Arenson, who is a discretionary beneficiary of the
director: Saruga Trust, which has a beneficial interest in Zowert
Properties Limited
Transaction date: 29 January 2021
Class of securities: Ordinary shares
Number of securities to be issued as a result
of the transaction: 42,801
Deemed total value of the transaction: GBP 58,904.87625 (at a value of GBP 1.37625 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
Name of associate: Millicent Limited
Name of director and relationship to Patsy Watson, who is a discretionary beneficiary of the
director: Swallow Trust which has a beneficial interest in Millicent
Limited
Transaction date: 29 January 2021
Class of securities: Ordinary shares
Number of securities to be issued as a result
of the transaction: 104,927
Deemed total value of the transaction: GBP 144,405.78375 (at a value of GBP 1.37625 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
Name of associate: Sphere Investments Limited
Name of director and relationship to Stephen Ball, director of Stenprop (Swiss) Limited and
director: Stenprop Trafalgar Limited, being subsidiaries of
Stenprop. Stephen Ball has a beneficial interest in Sphere
Investments Limited.
Transaction date: 29 January 2021
Class of securities: Ordinary shares
Number of securities to be issued as a result
of the transaction: 6,814
Deemed total value of the transaction: GBP 9,377.76750 (at a value of GBP 1.37625 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
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
FTI Consulting (PR Adviser) 44(0)20 3727 1000
Dido Laurimore
Richard Sunderland
Richard Gotla
Neel Bose
Stenprop@fticonsulting.com
Java Capital (JSE Sponsor) 27 (0)11 722 3050
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 www.stenprop.com.
Date: 02-02-2021 05:00:00
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