Director/PDMR Shareholding

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 to director:

Patsy Watson, who is a discretionary 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 interest:

Indirect beneficial

 

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:

Nature and extent of director's interest:

Clearance to deal received:

On-market sale on the LSE

Direct beneficial

Yes

 

For further information:

 

Stenprop Limited

Paul Arenson
Patsy Watson
Julian Carey

+44(0)20 3918 6600

 

Numis Securities Limited (Financial Adviser)

Hugh Jonathan
Vicki Paine

+44(0)20 7260 1000

 

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.


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