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STP 201806110034A
Dealings in securities by directors and by the company secretary
STENPROP LIMITED
(Registered in Guernsey)
(Registration number 64865)
BSX share code: STP.BH JSE share code: STP
ISIN: GG00BFWMR296
(“Stenprop” or the “Company”)
DEALINGS IN SECURITIES BY DIRECTORS AND BY THE COMPANY SECRETARY
Shareholders are advised of the following information relating to the acceptance of nil cost options and market value options
awarded on 7 June 2018 under the Stenprop Limited Long Term Incentive Plan (“Long Term Incentive Plan”). The nil cost
options will vest on 7 June 2021 subject to certain vesting conditions having been met, including performance targets set by the
remuneration committee prior to the awards being made. 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 1,423,460 shares. The market value options will vest in
three tranches on 31 March 2019, 31 March 2020 and 31 March 2021 and once fully vested will result in the issue of 99 685
shares subject to the payment of the exercise price of £1.10 per share:
Name of director: Paul Arenson
Transaction date: 7 June 2018
Class of securities: Nil cost options
Number of securities: 487 096
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: 7 June 2018
Class of securities: Nil cost options
Number of securities: 468 182
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: Julian Carey
Transaction date: 7 June 2018
Class of securities: Nil cost options
Number of securities: 468 182
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 company secretary: Sarah Bellilchi
Transaction date: 7 June 2018
Class of securities: Market value options
Number of securities: 99 685
Nature of transaction: Off-market acceptance of market value options in terms of the Long Term
Incentive Plan
Nature and extent of company secretary’s interest: Direct beneficial
Clearance to deal received: Yes
2
Shareholders are further advised of the following information relating to the acceptance of nil cost options awarded on 7 June
2018 under the Stenprop Limited Amended Deferred Share Bonus Plan (“Deferred Bonus Plan”). One third of these nil cost
options vested immediately, with the second third vesting on 31 March 2019 and the last third vesting on 31 March 2020. Once
fully vested, they will result in the issue of 324 321 shares:
Name of director: Paul Arenson
Transaction date: 7 June 2018
Class of securities: Nil cost options
Number of securities: 113 800
Nature of transaction: Off-market acceptance of nil cost options in terms of the Deferred Bonus
Plan
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Patsy Watson
Transaction date: 7 June 2018
Class of securities: Nil cost options
Number of securities: 109 381
Nature of transaction: Off-market acceptance of nil cost options in terms of the Deferred Bonus
Plan
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of director: Julian Carey
Transaction date: 7 June 2018
Class of securities: Nil cost options
Number of securities: 82 036
Nature of transaction: Off-market acceptance of nil cost options in terms of the Deferred Bonus
Plan
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes
Name of company secretary: Sarah Bellilchi
Transaction date: 7 June 2018
Class of securities: Nil cost options
Number of securities: 19 104
Nature of transaction: Off-market acceptance of nil cost options in terms of the Deferred Bonus
Plan
Nature and extent of company secretary’s interest: Direct beneficial
Clearance to deal received: Yes
11 June 2018
JSE sponsor
Java Capital
Bermuda Stock Exchange sponsor
Ester Securities (Bermuda) Limited
Date: 11/06/2018 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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