Totals voting rights

INDUSTRIALS REIT LIMITED
(formerly Stenprop Limited)
(Registered in Guernsey)
(Registration number 64865)
LSE share code: MLI  JSE share code: MLI
ISIN: GG00BFWMR296
("Industrials REIT" or the "Company")


Total Voting Rights


3 May 2022

Industrials REIT advises that the Company's issued capital as at 30 April 2022 consisted of 298,775,175
ordinary shares of EUR 0.000001258 each, of which 6,520,962 ordinary shares were held in treasury.
Therefore, the total number of voting rights in the Company is 292,254,213.

The figure of 292,254,213 may be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or a change to their interest
in, the Company under the UK Financial Conduct Authority’s Disclosure and Transparency Rules.

For further information:
Industrials REIT Limited                                                           44(0)20 3918 6600
Paul Arenson (paul.arenson@industrials.co.uk)
Julian Carey (julian.carey@industrials.co.uk)
James Beaumont
(james.beaumont@industrials.co.uk)

Numis Securities Limited (Financial Adviser)                                       44(0)20 7260 1000
Hugh Jonathan
Vicki Paine

FTI Consulting (PR Adviser)                                                        44(0)20 3727 1000
Richard Sunderland
Richard Gotla
Neel Bose
industrialsreit@fticonsulting.com

Java Capital                                                                       27 (0)11 722 3050
(JSE Sponsor)

About Industrials REIT:
Industrials REIT 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. Industrials REIT invests 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.industrialsreit.com

Date: 03-05-2022 12:30:00
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.