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”)


16 February 2021

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

Name of associate:                                         Millicent Limited
Name of director and relationship to director:             Patsy Watson, who is a discretionary beneficiary of the Swallow Trust
                                                           which has a beneficial interest in Millicent Limited
Transaction date:                                          15 February 2021
Class of securities:                                       Ordinary shares
Number of securities sold:                                 50,360
Price per security:                                        GBP 1.39
Deemed total value of the transaction:                     GBP 70,000.40
Nature of transaction:                                     On-market sale
Nature and extent of director’s interest:                  Indirect beneficial

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 (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

Date: 16-02-2021 11:00:00
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