Transaction in own shares

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")

10 August 2022

Transaction in own shares


Further to the announcement published on 1 July 2022 informing shareholders that the Company may repurchase
shares to mitigate the dilutive effect of the scrip dividend election, shareholders are advised that on 9 August
2022, the Company purchased 50,000 ordinary shares at 171 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 6,497,595 ordinary
shares and the total number of shares in issue less shares held in treasury is 292,277,580 ordinary shares. From
9 August 2022, the total number of voting rights in the Company is 292,277,580.

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 with a primary listing on the London Stock Exchange and a secondary listing on the
JSE. The objective of the Company is to deliver a combination of sustainable growing income and growth in value
to its investors. Industrials REIT focuses on owning and operating a diversified portfolio of UK purpose built 
multi-let industrial (MLI) estates across the UK. The Company aspires to be the leading MLI business in the UK. 
For further information, go to www.industrialsreit.com.

Date: 10-08-2022 01:00:00
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