19 April 2021
Raven Property Group Limited ("Raven" or the "Company")
Publication of circulars in connection with the conditional purchase by the Company of its own ordinary shares
Conditional purchase of existing ordinary shares and preference shares by the Company and its executive management through a joint venture
Related party transactions, notices of general meeting and class meeting
Further to the announcements made on 26 January and 2 February 2021, the Company can confirm that it has published today circulars including notices convening a general meeting of the Company's ordinary shareholders and preference shareholders that will be held at 10:30a.m. and 10:45a.m. respectively on 6 May 2021 at the offices of the Company. This is in connection with the approval of the conditional purchases by the Company of its own ordinary shares, and conditional purchase of existing ordinary shares and preference shares by the Company and its executive management through a joint venture in each case from Invesco Asset Management Limited (acting as agent for certain of its discretionary managed clients).
A copy of each of the circulars has been submitted to the National Storage Mechanism and will be shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The circulars will also shortly be available on the Company's website at www.theravenpropertygroup.com.
Expected timetable of principal events:
| Latest time and date for receipt of relevant Forms of Proxy and/or CREST proxy instructions in relation to the General Meeting | 10:30 a.m. on 4 May 2021 |
| Record time for entitlement to vote at the General Meeting | close of business on 5 May 2021 |
| General Meeting | 10:30 a.m. on 6 May 2021 |
| Preference Shareholder Meeting | 10:45 a.m. on 6 May 2021 (or, if later, immediately after completion of the General Meeting) |
| Trade date | 6 May 2021 |
| Expected Settlement Date and completion of the Proposed Transaction | 11.00 a.m. on 11 May 2021 |
Each of the times and dates in the table above are indicative only and may be subject to change by the Company, in which event, details of the new times and dates will be notified to the Financial Conduct Authority and, where appropriate, to Shareholders by announcement through a Regulatory Information Service. All references in this Circular are to London time unless otherwise stated.
Contacts / Enquiries
| Raven Property Group Limited Anton Bilton Glyn Hirsch
| Tel: + 44 (0) 1481 712955 | |
| Novella Communications (Public relations adviser) Tim Robertson Fergus Young
| Tel: +44 (0) 203 151 7008 | |
| N+1 Singer (Sponsor, joint financial adviser & UK joint broker) Corporate Finance - James Maxwell / Alex Bond Sales - Alan Geeves / James Waterlow
| Tel: +44 (0) 20 7496 3000 | |
| VTB Capital plc (Joint financial adviser) Alexander Metherell
| Tel: +44 (0) 203 334 8000 | |
| Numis Securities Limited (UK joint broker) Alex Ham /Jamie Loughborough / Nathan Brown / George Shiel
| Tel: + 44 (0) 207 260 1000 | |
| Java Capital (South African Sponsor) Jean Tyndale-Biscoe / Andrew Brooking | Tel: +27 (11) 722 3050 | |
| | | |
| Renaissance Capital (Russian broker) David Pipia
| Tel: + 7 495 258 7770 | |
| Ravenscroft (TISE sponsor) Semelia Hamon
| Tel: + 44 (0) 1481 732746 | |
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 Financial Conduct 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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