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STENPROP LIMITED ANNOUNCES TRANSFER OF THE LISTING OF STENPROP FROM THE ALTERNATIVE EXCHANGE (“ALTX”) TO THE MAIN BOARD OF THE JSE

Hamilton, Bermuda:  24 September 2015 – In a filing with the Bermuda Stock Exchange (“BSX”), Stenprop Limited (the “Company” or “Stenprop”; Ticker: STP.BH) announced the transfer of Stenprop from the Alternative Exchange to the Main Board of the JSE.  The filing stated:

                                                       

The company is pleased to announce that the JSE has approved the transfer of its listing from the JSE’s AltX to the JSE’s Main Board with effect from Monday, 5 October 2015 (“the transfer”). The transfer will not affect the company’s current listing on the Bermuda Stock Exchange.

 

Stenprop was incorporated and registered in Bermuda on 26 October 2012. Stenprop is a European property investment group focused on cultivating a diversified portfolio of quality investment properties delivering sustainable and growing earnings, distributions and capital growth to shareholders. The group’s portfolio is located primarily in major cities in the United Kingdom, Germany and Switzerland, with an emphasis on commercial and retail assets.

 

Following the transfer, the company will be listed in the “Real Estate – Real Estate Holdings and Development” sector of the Main Board of the JSE, sector number 8633.

 

2015

Formal approval granted by the JSE for the transfer

Wednesday, 23 September

Effective date of the transfer

Monday, 5 October

Stenprop shares to start trading on the Main Board

Monday, 5 October

 

 

25 September2015

 

 

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