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STENPROP LIMITED - Transaction in own shares

Release Date: 14/03/2019 16:45
Code(s): STP     PDF:  
 
Wrap Text
Transaction in own shares

STENPROP LIMITED
(Registered in Guernsey)
(Registration number 64865)
LSE share code: STP  JSE share code: STP
ISIN: GG00BFWMR296
("Stenprop" or the "Company")


TRANSACTION IN OWN SHARES


14 March 2019

Further to the announcement published on 20 December 2018 informing shareholders that the Company intended to
repurchase shares to mitigate the dilutive effect of the scrip dividend election, shareholders are advised that 
today the Company purchased 135,000 ordinary shares at 113 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 16,028,050 ordinary
shares and the total number of shares in issue less shares held in treasury is 282,747,125 ordinary shares. From
14 March 2019, the total number of voting rights in the Company is 282,747,125.


For further information:

Stenprop Limited                                               +44(0)20 3918 6600
Paul Arenson
Patsy Watson
Julian Carey

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

Tavistock (PR Adviser)                                         +44(0)20 7920 3150
James Whitmore
James Verstringhe
Kirsty Allan

Java Capital Trustees and Sponsors Proprietary Limited         +27 (0)11 722 3050
(JSE sponsor)


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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