TIDMRAV

RNS Number : 4397Y

Raven Property Group Limited

31 December 2019

31 December 2019

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

Five Year Performance Plan ("FYPP")

In accordance with the FYPP approved by ordinary shareholders on 12 July 2017 and set out in note 31 to the 2018 Annual Report the Company confirms the following investments by PDMRs of existing listed securities of the Company held by each of them or their associated trusts pursuant to the terms of the Plan:

 
 PDMR         Securities invested                 Initial Prescribed 
                                                   Value 
 A Bilton     66,618 preference shares            GBP2.0m 
               1,639,404 convertible preference 
               shares 
             ----------------------------------  ------------------- 
 G Hirsch     66,618 preference shares            GBP2.0m 
               1,639,404 convertible preference 
               shares 
             ----------------------------------  ------------------- 
 M Sinclair   717,317 ordinary shares             GBP2.0m 
               556,907 preference shares 
               754,162 convertible preference 
               shares 
             ----------------------------------  ------------------- 
 C Smith      837,505 ordinary shares             GBP1.9m 
               503,719 preference shares 
               681,604 convertible preference 
               shares 
             ----------------------------------  ------------------- 
 

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 
 N+1 Singer (UK joint broker)                Tel: +44 (0) 20 7496 3000 
  Corporate Finance - James Maxwell 
  / James Moat 
  Sales - Alan Geeves / James Waterlow 
 Numis Securities Limited (UK joint         Tel: + 44 (0) 207 260 1000 
  broker) 
  Alex Ham / Jamie Loughborough / 
  Alasdair Abram 
 Renaissance Capital (South African             Tel: +27 (11) 750 1448 
  broker) 
  Yvette Labuschagne 
 Renaissance Capital (Russian broker)            Tel: + 7 495 258 7770 
  David Pipia 
 Ravenscroft (TISE sponsor)                  Tel: + 44 (0) 1481 729100 
  Emma Ozanne 
 

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. Its convertible preference shares are admitted to the Official List of TISE and to trading on the SETSqx market of the London 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

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Praxis Trustees Limited & Truchot 
                                   Trustees Limited 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             PCA of Anton Bilton, a PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Raven Property Group Limited 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800YJ5HI5CBXCYJ65 
     --------------------------  --------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 1p each 
       financial instrument,       GB00B0D5V538 
       type of instrument 
 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Investment in FYPP 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     n/a        Such number of 
                                                 ordinary shares 
                                                 as arises in accordance 
                                                 with the conditions 
                                                 set out in the 
                                                 rules of the Plan. 
                                                 Vested entitlements 
                                                 will be settled 
                                                 after March 2023. 
                                               ------------------------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          Not applicable 
 
 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     30/12/19 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside of Trading Venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Glyn Hirsch 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Director/ PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Raven Property Group Limited 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800YJ5HI5CBXCYJ65 
     --------------------------  --------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 1p each 
       financial instrument,       GB00B0D5V538 
       type of instrument 
 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Investment in FYPP 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     n/a        Such number of 
                                                 ordinary shares 
                                                 as arises in accordance 
                                                 with the conditions 
                                                 set out in the 
                                                 rules of the Plan. 
                                                 Vested entitlements 
                                                 will be settled 
                                                 after March 2023. 
                                               ------------------------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          Not applicable 
 
 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     30/12/19 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside of Trading Venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Mark Sinclair 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Director/ PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Raven Property Group Limited 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800YJ5HI5CBXCYJ65 
     --------------------------  --------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 1p each 
       financial instrument,       GB00B0D5V538 
       type of instrument 
 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Investment in FYPP 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     n/a        Such number of 
                                                 ordinary shares 
                                                 as arises in accordance 
                                                 with the conditions 
                                                 set out in the 
                                                 rules of the Plan. 
                                                 Vested entitlements 
                                                 will be settled 
                                                 after March 2023. 
                                               ------------------------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          Not applicable 
 
 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     30/12/19 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside of Trading Venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Raven Russia Defined Contribution 
                                   Executive Guernsey Pension Scheme. 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             PCA of Mark Sinclair, a PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Raven Property Group Limited 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800YJ5HI5CBXCYJ65 
     --------------------------  --------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 1p each 
       financial instrument,       GB00B0D5V538 
       type of instrument 
 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Investment in FYPP 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     n/a        Such number of 
                                                 ordinary shares 
                                                 as arises in accordance 
                                                 with the conditions 
                                                 set out in the 
                                                 rules of the Plan. 
                                                 Vested entitlements 
                                                 will be settled 
                                                 after March 2023. 
                                               ------------------------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          Not applicable 
 
 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     30/12/19 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside of Trading Venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Colin Smith 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Director/PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Raven Property Group Limited 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800YJ5HI5CBXCYJ65 
     --------------------------  --------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 1p each 
       financial instrument,       GB00B0D5V538 
       type of instrument 
 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Investment in FYPP 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     n/a        Such number of 
                                                 ordinary shares 
                                                 as arises in accordance 
                                                 with the conditions 
                                                 set out in the 
                                                 rules of the Plan. 
                                                 Vested entitlements 
                                                 will be settled 
                                                 after March 2023. 
                                               ------------------------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          Not applicable 
 
 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     30/12/19 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside of Trading Venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        New Street Trust Limited as trustees 
                                   of the Lorier Discretionary Trust 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             PCA of Colin Smith, a PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Raven Property Group Limited 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800YJ5HI5CBXCYJ65 
     --------------------------  --------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 1p each 
       financial instrument,       GB00B0D5V538 
       type of instrument 
 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Investment in FYPP 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     n/a        Such number of 
                                                 ordinary shares 
                                                 as arises in accordance 
                                                 with the conditions 
                                                 set out in the 
                                                 rules of the Plan. 
                                                 Vested entitlements 
                                                 will be settled 
                                                 after March 2023. 
                                               ------------------------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          Not applicable 
 
 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     30/12/19 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside of Trading Venue 
     --------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Lorier Retirement Annuity Trust 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             PCA of Colin Smith, a PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Raven Property Group Limited 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800YJ5HI5CBXCYJ65 
     --------------------------  --------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 1p each 
       financial instrument,       GB00B0D5V538 
       type of instrument 
 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Investment in FYPP 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     n/a        Such number of 
                                                 ordinary shares 
                                                 as arises in accordance 
                                                 with the conditions 
                                                 set out in the 
                                                 rules of the Plan. 
                                                 Vested entitlements 
                                                 will be settled 
                                                 after March 2023. 
                                               ------------------------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          Not applicable 
 
 
       - Price 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     30/12/19 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside of Trading Venue 
     --------------------------  --------------------------------------- 
 

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END

DSHLLFIFFALLVIA

(END) Dow Jones Newswires

December 31, 2019 07:15 ET (12:15 GMT)

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