(Registered in Guernsey)
(Registration number 64865)
LSE share code: STP JSE share code: STP
("Stenprop" or the "Company")
TRANSACTION IN OWN SHARES
2 October 2020
Further to the announcement published on 3 July 2020 informing shareholders that the Company intended to repurchase shares to mitigate the dilutive effect of the scrip dividend election, shareholders are advised that on 1 October 2020, the Company purchased 1,385,328 ordinary shares at 117 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 15,782,807 ordinary shares and the total number of shares in issue less shares held in treasury is 282,992,368 ordinary shares. From 1 October 2020, the total number of voting rights in the Company is 282,992,368.
For further information:
Stenprop Limited 44(0)20 3918 6600
Paul Arenson (email@example.com)
Julian Carey (firstname.lastname@example.org)
James Beaumont (email@example.com)
Numis Securities Limited (Financial Adviser) 44(0)20 7260 1000
FTI Consulting 44(0)20 3727 1000
Richard Sunderland firstname.lastname@example.org
Java Capital Trustees and Sponsors Proprietary Limited 27 (0)11 722 3050
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 stenprop.com.