Raven Russia Limited Director/PDMR Shareholding (9460V)

TIDMRUS

RNS Number : 9460V

Raven Russia Limited

08 November 2017

8 November 2017

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

Director's Dealings

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

The Company was notified on 6 November 2017 that Colin Smith, Chief Operating Officer of the Company; sold 40,434 cumulative convertible redeemable preference shares of no par value each in the capital of the Company ("Convertible Preference Shares") at a price of 123.66p per share, and sold 298,449 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at a price of 50.26p per share. The Lorier Retirement Annuity Trust a trust of which Colin Smith is trustee and beneficially interested, exercised 7,385 warrants to subscribe for Ordinary Shares.

Following these transactions Colin Smith and his immediate family have a beneficial interest in 978,031 Ordinary Shares being 0.1481% of the total Ordinary Shares in issue, 146,066 Convertible Preference Shares being 0.0737% of the total Convertible Preference Shares in issue and zero warrants.

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

Ravenscroft Tel: + 44 (0) 1481 729100

Semelia Hamon

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 International Stock Exchange ("TISE"). Its Convertible Preference Shares are admitted to the Official List of TISE and 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 1.6 million square metres of Grade "A" warehouses in Moscow, St Petersburg, Rostov-on-Don and Novosibirsk, rising to 1.8 million square metres on completion of the recently announced Sever 2 acquisition, and 49,000 square metres of commercial office space in St Petersburg. 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               Cumulative convertible redeemable 
       instrument, type            preference shares of no par 
       of instrument               value each 
 
       Identification              GG00BYVFCC74 
       code 
---  -------------------------  ------------------------------------ 
 b)   Nature of the              Sale 
       transaction 
---  -------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    123.66p    40,434 
                                   ---------  ---------- 
---  -------------------------  ------------------------------------ 
 d)   Aggregated information 
 
 
       - Aggregated volume         Not applicable 
 
 
       - Price 
---  -------------------------  ------------------------------------ 
 e)   Date of the transaction    06/11/2017 
---  -------------------------  ------------------------------------ 
 f)   Place of the transaction   London Stock Exchange (XLON) 
---  -------------------------  ------------------------------------ 
 
 
 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               GG00B0D5V538 
 
       Identification 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Sale 
       transaction 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    50.26p     298,449 
                                   ---------  ---------- 
---  -------------------------  ----------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         Not applicable 
 
 
       - Price 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    06/11/2017 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   London Stock Exchange (XLON) 
---  -------------------------  ----------------------------- 
 
 
 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 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               Warrants to subscribe for 
       instrument, type            Ordinary Shares at an exercise 
       of instrument               price of 25p 
 
                                   GG00B55K7758 
       Identification 
       code 
---  -------------------------  --------------------------------- 
 b)   Nature of the              Exercise of warrants 
       transaction 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 

                                    25p        7,385 
                                   ---------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         Not applicable 
 
 
       - Price 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    06/11/2017 
---  -------------------------  --------------------------------- 
 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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November 08, 2017 10:30 ET (15:30 GMT)