Raven Prop P Discussion Threads

[rahosi] 19/7/2022 15:56

We left HSBC a few months ago (long story...) and our ISA holdings are now with XO. Our RAVPs still appear in my ISA A/c??

[waterfall city] 19/7/2022 11:43

The next thing will be a company update and if the money is being received from the new preference shares.

[pauldaviesuk] 19/7/2022 11:34

Thank you #RAHOSI {2076) - I have also emailed Benn Garnham with a copy of my HSBC InvestDirect holdings statement (Non-ISA as it was moved out of my ISA in May).

He has granted me access to the website and I'm about to start ploughing my way through the mass of data there :-(

I guess that we'll end up as the proud owners of a share certficate that we can do little with, come the end of the month

[zangdook] 18/7/2022 08:24

(Alliance news being incompetent as usual, not realising the shares have been delisted which kind of supercedes the suspension.)

Alliance News15 July, 2022 | 2:38PM
Raven Property Group Ltd - Russia-focused commercial property investment firm - Completes the disposal of its Russian property portfolio. Raven sold its Russian business Prestino Investments Ltd, a Cypriot company, to its Russian management team led by Igor Bogorodov.

Shares in the firm were suspended on the Johannesburg Stock Exchange, the London Stock Exchange, the International Stock Exchange and the Moscow Exchange in March.

[waterfall city] 15/7/2022 12:15

Presumably we will here if the put option has been exercised.

[rahosi] 14/7/2022 13:17

Nothing really. Relating to 2022 only

AMENDED AND RESTATED ARTICLES OF INCORPORATION of RAVEN PROPERTY GROUP LIMITED
Registered on 4 July 2005
(amended and restated articles of incorporation adopted on 26 May 2022 pursuant to a Special Resolution passed on 26 May 2022)

Delisting Circular of Ordinary shares and Notice of GM May 2022
Preference Shareholder – Notice of Class meeting May 2022
Letter to Ordinary and Preference Shareholders - Delisting circular
Letter to Preference Shareholders - Delisting circular
Letter to SA Holders re Delisting Circular
Preference Share scrip dividend circular - March 2022
Letter to Preference Shareholders - March Scrip Dividend

Other websites
mainly detailed info on the property portfolio.
Also

[non-functioning]

[ramellous] 14/7/2022 12:32

Is there anything on the website indicating how the business operating?

[rahosi] 14/7/2022 11:54

From the website,

Share trading facility for Ordinary and Preference Shares

Raven Property Group has implemented a matched bargain facility to assist Shareholders to trade in Ordinary and Preference Shares. Under the matched bargain facility, persons wishing to acquire or dispose of Ordinary or Preference Shares will be able to leave an indication with the Company of what they are prepared to buy or sell at a limit price.

In the event that the Company is able to match that order with an opposite sell or buy instruction, both parties will be contacted to effect the bargain(s). Shareholders wishing to take advantage of this facility must have their Ordinary or Preference Shares held in electronic, dematerialised form in Crest and should be sent to the Company using the email [e-mail].

[rahosi] 14/7/2022 11:50

Our holdings are ISA only, hence no chance of a certificate. We have gained access to the company website as follows, with Benn's permission.

Contact Benn Garnham (Group Company Secretary)
07824 499411 [e-mail]

You must provide proof of holding (I emailed PDF broker statements)

[dandigirl] 30/6/2022 09:10

I am arranging for one of our holdings to be transferred out by way of a share cert.

When available, we should be able to gain access.

However, it will take a minimum of a month to do.

[zangdook] 29/6/2022 18:13

If they really can't keep the website open to all as it was before, they should set up an email list. I don't want to rely on my brokers to pass on information they receive.

[hindsight] 29/6/2022 17:48

Last time I had a similar situation, I had to send my name, holding amount and name of nominee broker and then was issued with a password
Personally not completely written off myself, still hoping for a win/win ie some decide its time for a change at the top in Russia

[stemis] 29/6/2022 17:34

Further communication from the company secretary

"Unfortunately at the moment there is no easy solution to be able to supply underlying holders with information, other than passing through the brokers. The website has not changed from earlier this week and as any new information is published we will be writing to all our registered holders as we usually would.

We are looking at alternative solutions as we are aware there are many shareholders in a similar situation."

It's something I guess...

[zangdook] 29/6/2022 17:22

I've asked IG for the code, they said no.

[gfrae] 29/6/2022 16:51

Has anyone asked whether any brokers will give the code to enter the Raven website to underlying owners of the shares ?
Alternatively, is it possible to buy a share , I wonder ? There must be willing sellers.
lastly, why would anyone write this off ? It could be very valuable.

[my retirement fund] 29/6/2022 14:13

I can get that, makes sense dandygirl. I feel shame though for having anything to do with Russia, visited Moscow several years ago as tourist, threw the fridge magnets in the bin something I would like to forget, the Russian should never have been trusted, they are absolute animals, total utter scum. Always will be !

[dandigirl] 29/6/2022 13:31

my retirement fund: I'm of the view that I would rather have funds paid to me than left in the hands of Russians where it can be used to pay for more mischief.

Similarly, other debt instruments. Why leave funds in Russia's coffers?

P.S. I have no shame!😀

[stemis] 29/6/2022 12:32

Their 'write offs' were accounting entries; they didn't give up on them. For example

[zangdook] 29/6/2022 12:29

That's not good. We need a public-spirited certificated holder to set up a mirror site. Thanks for the email address, I shall make use of it.

[my retirement fund] 29/6/2022 12:22

SteMiS28 Jun '22 - 21:50 - 2061 of 2064
0 0 0
Why would anyone just 'write off their investment' when there is a possibility that it will have some value?


answer = shame, Shell and McDonalds wrote their investments off due to the "shame" of beng involved with Russia and who could blame them?

[stemis] 29/6/2022 12:20

I've had an very disappointing email response from their company secretary

"At this time we are only able to provide access to our website for those holders directly on our register. If you wish to access company information at this current time, you will need to speak to your broker/nominee who will be able to access our site on your behalf."

[e-mail]

[bench2] 29/6/2022 10:32

We need an ornate certificate possibly with a double headed raven vignette , so it can go alongside my historic collection of Russian and Chinese Bonds

[dandigirl] 28/6/2022 22:09

SteMiS: Take no notice. He's like a stuck record. Been posting similar one-liners, adding nothing worthwhile, for weeks now. He is now filtered.

[stemis] 28/6/2022 21:50

Why would anyone just 'write off their investment' when there is a possibility that it will have some value?