Stenprop Limited Director/PDMR Shareholding (8255E)
08 July 2019 - 11:00PM
UK Regulatory
TIDMSTP
RNS Number : 8255E
Stenprop Limited
08 July 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 A DIRECTOR AND BY A DIRECTOR OF MAJOR
SUBSIDIARIES OF THE COMPANY
8 July 2019
Shareholders are advised of the following information relating
to the exercise of vested nil cost options awarded under the
Stenprop Limited Amended Deferred Share Bonus Plan ("Deferred Bonus
Plan"):
Name of director: James Beaumont
Transaction date: 2 July 2019
Class of securities: Nil cost options
Number of securities exercised: 15,228
Deemed total value of the transaction: GBP 16,903.08 (at a deemed value of GBP
1.11 per nil cost option)
Nature of transaction: Off-market exercise of nil cost options
Nature and extent of director's in terms of the Deferred Bonus Plan
interest: Direct beneficial
Clearance to deal received: Yes
--------------------------------------- ---------------------------------------
Name of director of major subsidiaries: Neil Marais
Name of major subsidiaries: Stenprop (UK) Limited and Stenprop (Germany)
Limited
Transaction date: 2 July 2019
Class of securities: Nil cost options
Number of securities exercised: 11,903
Deemed total value of the transaction: GBP 13,212.33 (at a deemed value of GBP
1.11 per nil cost option)
Nature of transaction: Off-market exercise of nil cost options
Nature and extent of director's in terms of the Deferred Bonus Plan
interest: Direct beneficial
Clearance to deal received: Yes
---------------------------------------- --------------------------------------------
The Company intends to utilise treasury shares to settle the
exercise of the nil cost options to the above participants of the
Deferred Bonus Plan, following which the total number of treasury
shares held by the Company will be 15,948,695 ordinary shares and
the total number of shares in issue less shares held in treasury
will be 282,826,480 ordinary shares.
For further information:
Stenprop Limited
Paul Arenson
James Beaumont
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.
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 rns@lseg.com or visit www.rns.com.
END
DSHCKFDQBBKDCOK
(END) Dow Jones Newswires
July 08, 2019 09:00 ET (13:00 GMT)
Industrials Reit (LSE:MLI)
Historical Stock Chart
From Apr 2024 to May 2024
Industrials Reit (LSE:MLI)
Historical Stock Chart
From May 2023 to May 2024