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Stenprop Limited -DEALINGS IN SECURITIES BY DIRECTORS AND ASSOCIATES OF DIRECTORS
Hamilton, Bermuda: 15 July 2015 – In a filing with the Bermuda Stock Exchange (“BSX”), Stenprop Limited (the “Company” or “Stenprop”; Ticker: STP.BH) dealings in securities by directors and associates of directors. The filing stated:
Shareholders are advised of the following information relating to dealings in securities by directors and by associates of directors of Stenprop pursuant to the election to receive a scrip dividend in accordance with the circular issued to shareholders on 19 June 2015:
Name of associate: P G L Investments Limited
Name of director: Gerald Leissner
Relationship to director: 50% beneficial interest in P G L Investments Limited
Transaction date: 10 July 2015
Class of securities: Ordinary shares
Number of securities: 23,301
Price per security: EUR1.52142
Total value of transaction: EUR35,450.61
Nature of transaction: Receipt of shares on the company’s Bermudian register pursuant to an election to receive a scrip dividend
Nature and extent of director’s interest: Indirect beneficial
Name of director: Paul Arenson
Transaction date: 10 July 2015
Class of securities: Ordinary shares
Number of securities: 21,380
Price per security: EUR1.52142
Total value of transaction: EUR32,527.60
Nature of transaction: Receipt of shares on the company’s Bermudian register pursuant to an election to receive a scrip dividend
Nature and extent of directors’ interest: Direct beneficial
Clearance to deal received: Yes
Name of associate: Zowert Properties Limited
Name of director: Paul Arenson
Relationship to director: 50% beneficial interest in Zowert Properties Limited
Transaction date: 10 July 2015
Class of securities: Ordinary shares
Number of securities: 32,114
Price per security: EUR1.52142
Total value of transaction: EUR48,858.88
Nature of transaction: Receipt of shares on the company’s Bermudian register pursuant to an election to receive a scrip dividend
Nature and extent of director’s interest: Indirect beneficial
Name of associate: Lonat Trust Managed Account
Name of director: Paul Arenson
Relationship to director: A beneficiary of the Lonat Trust Managed Account
Transaction date: 10 July 2015
Class of securities: Ordinary shares
Number of securities: 65,862
Price per security: EUR1.52142
Total value of transaction: EUR100,203.76
Nature of transaction: Receipt of shares on the company’s Bermudian register pursuant to an election to receive a scrip dividend
Nature and extent of director’s interest: Indirect beneficial
Name of associate: Saruga Trust Managed Account
Name of director: Paul Arenson
Relationship to director: A beneficiary of the Saruga Trust Managed Account
Transaction date: 10 July 2015
Class of securities: Ordinary shares
Number of securities: 46,312
Price per security: EUR1.52142
Total value of transaction: EUR70,460
Nature of transaction: Receipt of shares on the company’s Bermudian register pursuant to an election to receive a scrip dividend
Nature and extent of director’s interest: Indirect beneficial
Name of director: Neil Marais
Transaction date: 10 July 2015
Class of securities: Ordinary shares
Number of securities: 3,180
Price per security: EUR1.52142
Total value of transaction: EUR4,838.12
Nature of transaction: Receipt of shares on the company’s Bermudian register pursuant to an election to receive a scrip dividend
Nature and extent of directors’ interest: Direct beneficial
Clearance to deal received: Yes
Stenprop has a primary listing on the Bermuda Stock Exchange and a secondary listing on the Alternative Exchange of the JSE.
15 July 2015
South African corporate advisor and JSE sponsor
Java Capital
Bermuda Stock Exchange sponsor
Appleby Securities (Bermuda) Ltd.
STENPROP LIMITED
(Formerly GoGlobal Properties Limited)
(Incorporated in Bermuda)
(Registration number 47031)
BSX share code: STP.BH JSE share code: STP
ISIN: BMG8465Y1093