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STENPROP LIMITED- DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR
Hamilton, Bermuda: 29 June 2016 – In a filing with the Bermuda Stock Exchange (“BSX”), Stenprop Limited (the “Company” or “Stenprop”; Ticker: STP.BH) disclosed dealings in securities by Directors and Associates of Directors of the Company. The filing stated:
Shareholders are advised of the following information relating to dealings in securities by an associate of a director of Stenprop:
|
Name of associate: |
Werkcorp 21 Property Holds CC |
|
Name of director and relationship to director: |
Mandy Yachad, the sole member of Werkcorp 21 Property Holds CC |
|
Transaction date: |
24 June 2016 |
|
Class of securities: |
Ordinary shares |
|
Number of securities: |
50 000 |
|
Highest traded price:* |
R24.71 |
|
Weighted average price per security: |
R23.39324 |
|
Lowest traded price:* |
R23.20 |
|
Total value of transaction: |
R1 169 662.21 |
|
Nature of transaction: |
On-market purchase through the JSE |
|
Nature and extent of director’s interest: |
Indirect beneficial |
|
Name of associate: |
Werkcorp 21 Property Holds CC |
|
Name of director and relationship to director: |
Mandy Yachad, the sole member of Werkcorp 21 Property Holds CC |
|
Transaction date: |
27 June 2016 |
|
Class of securities: |
Ordinary shares |
|
Number of securities: |
25 000 |
|
Price per security: |
R23.00 |
|
Total value of transaction: |
R575 000.00 |
|
Nature of transaction: |
On-market purchase through the JSE |
|
Nature and extent of director’s interest: |
Indirect beneficial |
*Highest and lowest traded prices per security on the market on the day.
29 June 2016
South African corporate advisor and JSE sponsor
JAVA CAPITAL
BSX sponsor
Estera Securities (Bermuda) Limited
www.stenprop.com
STENPROP LIMITED
(Incorporated in Bermuda)
(Registration number 47031)
BSX share code: STP.BH JSE share code: STP ISIN: BMG8465Y1093