STENPROP LIMITED - Dealings in securities by directors of the company
STP 201802260054A
Dealings in securities by directors of the company
STENPROP LIMITED
(Incorporated in Bermuda)
(Registration number 47031)
BSX share code: STP.BH JSE share code: STP
ISIN: BMG8465Y1093
(“Stenprop” or “the company”)
DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY
Shareholders are advised of the following information relating to the acceptance of nil cost options on 23 February 2018. The nil
costs options were granted under the Stenprop Limited Long Tem Incentive Plan (“Long Term Incentive Plan”) and will vest on 8
June 2020 subject to certain vesting conditions having been met, including performance targets set by the remuneration
committee at the start of the relevant performance period. Assuming that the performance targets are met in full at the end of
the performance period, the nil cost options will result in the issue of 950 428 new Stenprop shares:
Name of director: Paul Arenson
Transaction date: 23 February 2018
Class of securities: Nil cost options
Number of securities: 484 623
Nature of transaction: Off-market acceptance of nil cost options in terms of the Long Term
Incentive Plan
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Patsy Watson
Transaction date: 23 February 2018
Class of securities: Nil cost options
Number of securities: 465 804
Nature of transaction: Off-market acceptance of nil cost options in terms of the Long Term
Incentive Plan
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
26 February 2018
JSE sponsor
Java Capital
Bermuda Stock Exchange sponsor
Estera Securities (Bermuda) Limited
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