Transaction in own shares

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


TRANSACTION IN OWN SHARES


9 February 2021

On 17 December 2020 it was announced that the Company intended to repurchase shares to mitigate the dilutive
effect of the scrip dividend election. Shareholders are now advised that on 8 February 2021, the Company purchased
175,000 ordinary shares at 137 pence per share. These shares will be held as treasury shares.

Following the above transaction, the total number of treasury shares held by the Company is 15,957,807 ordinary
shares, the total number of shares in issue less shares held in treasury is 282,817,368 ordinary shares and the total
number of voting rights in the Company is 282,817,368.


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
stenprop.com.

Date: 09-02-2021 01:00:00
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.