Raven Property Group Limited Convertible Preference Share Dividend (RAVC) (5186A)

TIDMRAV

RNS Number : 5186A

Raven Property Group Limited

30 May 2019

30 May 2019

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

Convertible Preference Share Dividend (RAVC)

The Directors of the Company confirm that the quarterly payment of the dividend in respect of the cumulative convertible redeemable preference shares of no par value (the "Convertible Preference Shares") with ticker RAVC, will be made on 1 July 2019 in respect of the period from 31 March 2019 to (but excluding) 30 June 2019.

The record date for the payment of the dividend for the Convertible Preference Shares is 7 June 2019 with an ex-dividend date of 6 June 2019. Holders of Convertible Preference Shares will be entitled to a gross dividend of 1.625p per Convertible Preference Share.

Enquiries

Raven Property Group Limited Tel: + 44 (0) 1481 712955

Anton Bilton

Glyn Hirsch

   Novella Communications (public relations adviser)                        Tel: [phone] 

Tim Robertson

Fergus Young

N+1 Singer (UK joint broker) Tel: [phone]

Corporate Finance - James Maxwell / James Moat

Sales - Alan Geeves / James Waterlow

Numis Securities Limited (UK joint broker) Tel: + 44 (0) 207 260 1000

Alex Ham / Jamie Loughborough / Alasdair Abram

Renaissance Capital (South African broker) Tel: [phone]

Yvette Labuschagne

Renaissance Capital (Russian broker) Tel: + 7 495 258 7770

David Pipia

Ravenscroft (TISE sponsor) Tel: + 44 (0) 1481 729100

Jade Cook

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

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May 30, 2019 02:00 ET (06:00 GMT)