Raven Russia Limited Director/PDMR Shareholding (3555R)

TIDMRUS

RNS Number : 3555R

Raven Russia Limited

08 December 2016

8 December 2016

Raven Russia Limited ("Raven Russia" or the "Company")

Director's Dealing

Pursuant to Disclosure Guidance and Transparency Rule 3.1.2-A, the following information falls to be disclosed:

The Company was notified yesterday, 7 December 2016 that Colin Smith, Chief Operating Officer, sold 195,000 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at a price of 39.5p per Ordinary Share, to a trust in which Colin Smith is beneficially interested.

This transaction has no effect on the beneficial interest of Colin Smith which remains at 1,383,997 Ordinary Shares, representing 0.2072% of the total Ordinary Shares in issue.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Enquiries

Raven Russia Limited Tel: + 44 (0) 1481 712955

Anton Bilton

Glyn Hirsch

Novella Communications Tel: [phone]

Tim Robertson

Toby Andrews

N+1 Singer Tel: [phone]

Corporate Finance - James Maxwell / Liz Yong

Sales - Alan Geeves / James Waterlow

Barclays Bank Plc Tel: [phone]

Tom Boardman / Tom Macdonald

Ravenscroft Tel: + 44 (0) 1481 729100

David McGall

About Raven Russia

Raven Russia was founded in 2005 to invest in class A warehouse complexes in Russia and lease to Russian and International tenants. Its Ordinary Shares, Preference Shares and Warrants are listed on the Main Market of the London Stock Exchange and admitted to the official list of the Channel Islands Securities Exchange Authority Limited ("CISEA"). Its Convertible Preference Shares are admitted to the CISEA Official List and trading on the SETSqx market of the London Stock Exchange. The Company operates out of offices in Guernsey, Moscow and Cyprus and has to date completed a portfolio of circa 1.5 million square metres of Grade "A" warehouses in Moscow, St Petersburg, Rostov-on-Don and Novosibirsk. For further information visit the Company's website: www.ravenrussia.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                       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 Russia 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 financial               Ordinary shares of 1p each 
       instrument, type 
       of instrument               GB00B0D5V538 
 
       Identification 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Sale to a trust in which 
       transaction                the PDMR is beneficially 
                                  interested 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    39.5p      195,000 
                                   ---------  ---------- 
---  -------------------------  ----------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         Not applicable 
 
 
       - Price 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    7/12/16 
---  -------------------------  ----------------------------- 
 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 trustee 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 Russia 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 financial               Ordinary shares of 1p each 
       instrument, type 
       of instrument               GB00B0D5V538 
 
       Identification 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Purchase from PDMR 
       transaction 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    39.5p      195,000 
                                   ---------  ---------- 
---  -------------------------  ----------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         Not applicable 
 
 
       - Price 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    7/12/16 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   Outside of trading venue 
---  -------------------------  ----------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 08, 2016 11:00 ET (16:00 GMT)