TIDMRAV

RNS Number : 2360N

Raven Property Group Limited

29 September 2021

29 September 2021

Raven Property Group Limited ("Raven" or the "Company")

Issue of preference shares (RAVP)

The Company announces that it has approved the issue and allotment of 94,169 new preference shares of 1 pence each in the Company with ticker RAVP (the "Preference Shares") following payment of the scrip preference share dividend. These new Preference Shares will rank pari passu with all existing Preference Shares. Application has been made to the Financial Conduct Authority, the London Stock Exchange and The International Stock Exchange Authority Limited (TISEA) for admission of new Preference Shares to the Official List of the UK Listing Authority, trading on the main market of the London Stock Exchange and admission to the official list of the TISEA. Dealing is expected to commence on 30 September 2021.

Following admission of the new Preference Shares, the total number of Preference Shares in issue is 216,538,810.

Enquiries

 
 Raven Property Group Limited               Tel: + 44 (0) 1481 712955 
  Anton Bilton 
  Glyn Hirsch 
 Novella Communications (public relations   Tel: +44 (0) 203 151 7008 
  adviser) 
  Tim Robertson 
  Fergus Young 
 Singer Capital Markets (UK broker)         Tel: +44 (0) 207 496 3000 
  Investment Banking - James Maxwell 
  / Alex Bond 
  Markets - Alan Geeves / James Waterlow 
 VTB Capital plc (Joint financial           Tel: +44 (0) 203 334 8000 
  adviser) 
  Alexander Metherell 
 Java Capital (South African Sponsor)          Tel: +27 (11) 722 3050 
  Jean Tyndale-Biscoe / Andrew Brooking 
 Renaissance Capital (Russian broker)           Tel: + 7 495 258 7770 
  David Pipia 
 Ravenscroft Consultancy & Listing          Tel: + 44 (0) 1481 732746 
  Services Limited (TISE sponsor) 
  Semelia Hamon

About Raven Property Group

Raven Property Group Limited was founded in 2005 to invest in class A warehouse complexes in Russia and lease to Russian and International tenants. Its Ordinary Shares and Preference Shares are listed on the Main Market of the London Stock Exchange and admitted to the Official List of the UK Listing Authority and the Official List of The International Stock Exchange ("TISE"). Its Ordinary Shares also have a secondary listing on the main board of the Johannesburg Stock Exchange and the Moscow Stock Exchange. The Group operates out of offices in Guernsey, Moscow and Cyprus and has an investment portfolio of circa 1.9 million square metres of Grade "A" warehouses in Moscow, St Petersburg, Rostov-on-Don, Novosibirsk and Nizhny Novgorod and 49,000 square metres of commercial office space in St Petersburg. For further information visit the Company's website: www.theravenpropertygroup.com

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(END) Dow Jones Newswires

September 29, 2021 02:00 ET (06:00 GMT)

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