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Stenprop Limited – Dealings in securities by an associate of a director of the company
Hamilton, Bermuda—February 15, 2018 – In a filing with the Bermuda Stock Exchange (“BSX”), Stenprop Limited (the “Company” or “Stenprop”; Ticker: STP.BH) issued an announcement about the dealing in securities by an associate of a director of the company. The full filing stated:
DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY
Shareholders are advised of the following information relating to dealings in securities by an associate of a director of Stenprop:
Name of associate: Saruga Trust
Name of director and relationship to director: Paul Arenson, who is a discretionary beneficiary of the Saruga Trust
Transaction date: 9 February 2018
Class of securities: Ordinary shares
Number of securities: 70 000
Price per security: R17.00
Total value of transaction: R1 190 000.00
Nature of transaction: On-market purchase of shares
Nature and extent of director’s interest: Indirect beneficial
Clearance to deal obtained: Yes
Name of associate: Saruga Trust
Name of director and relationship to director: Paul Arenson, who is a discretionary beneficiary of the Saruga Trust
Transaction date: 13 February 2018
Class of securities: Ordinary shares
Number of securities: 121 698
Price per security: £1.03
Total value of transaction: £125 348.94
Nature of transaction: Off-market purchase of shares
Nature and extent of director’s interest: Indirect beneficial
Clearance to deal obtained: Yes
Name of associate: Saruga Trust
Name of director and relationship to director: Paul Arenson, who is a discretionary beneficiary of the Saruga Trust
Transaction date: 14 February 2018
Class of securities: Ordinary shares
Number of securities: 19 353
Price per security: R17.09
Total value of transaction: R330 742.77
Nature of transaction: On-market purchase of shares
Nature and extent of director’s interest: Indirect beneficial
Clearance to deal obtained: Yes
Stenprop has a primary listing on the Main Board of the JSE and a secondary listing on the Bermuda Stock Exchange.
15 February 2018
JSE sponsor
Java Capital
Bermuda Stock Exchange sponsor
Estera Securities (Bermuda) Limited