Stenprop Limited Director/PDMR Shareholding (6200S)

TIDMSTP

RNS Number : 6200S

Stenprop Limited

12 March 2019

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 AN ASSOCIATE OF A DIRECTOR OF THE COMPANY AND BY A DIRECTOR OF MAJOR SUBSIDIARIES OF THE COMPANY

12 March 2019

Shareholders are advised of the following information relating to dealings in securities by an associate of a director of the Company and by a director of major subsidiaries of the Company:

 
 Name of associate:                   Millicent Limited 
 Name of director and relationship    Patsy Watson, who is a discretionary 
  to director:                         beneficiary of the Swallow Trust which 
                                       has a beneficial interest in Millicent 
                                       Limited 
 Transaction date:                    11 March 2019 
 Class of securities:                 Ordinary shares 
 Number of securities:                116,500 
 Price per security:                  GBP 1.1325 
 Total value:                         GBP 131,936.25 
 Nature of transaction:               On-market sale on the London Stock 
                                       Exchange ("LSE") 
 Nature and extent of director's      Indirect beneficial 
  interest: 
-----------------------------------  ---------------------------------------- 
 
 
Name of director of major subsidiaries:   Neil Marais 
Name of major subsidiaries:               Stenprop (UK) Limited and Stenprop 
                                           (Germany) Limited 
Transaction date:                         11 March 2019 
Class of securities:                      Ordinary shares 
Number of securities:                     8,045 
Price per security:                       GBP 1.1325 
Total Value:                              GBP 9,110.96 
Nature of transaction:                    On-market sale on the LSE 
 Nature and extent of director's           Direct beneficial 
 interest:                                 Yes 
 Clearance to deal received: 
----------------------------------------  ---------------------------------- 
 

For further information:

 
            Stenprop Limited 
             Paul Arenson 
             Patsy Watson 
             Julian Carey                            [phone] 
 
              Numis Securities Limited (Financial 
              Adviser) 
              Hugh Jonathan 
              Vicki Paine                            [phone] 
 
   JSE Sponsor 
   Java Capital Trustees and Sponsors 
   Proprietary Limited                               + 27 (0) 11 722 3050 
 

About Stenprop

Stenprop is a Guernsey-registered UK REIT. 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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March 12, 2019 09:00 ET (13:00 GMT)