Raven Property Group Limited Preference Share Dividend (RAVP) (3021E)

TIDMRAV

RNS Number : 3021E

Raven Property Group Limited

05 November 2020

5 November 2020

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

Preference Share Dividend (RAVP)

The Directors of the Company confirm that the quarterly payment of the preference dividend in respect of the preference shares of 1p each with ticker RAVP (the "Preference Shares") will be made, in accordance with their terms, on 31 December 2020 in respect of the period from 30 September 2020 to (but excluding) 31 December 2020. The record date for the payment of the preference dividend for the Preference Shares is 13 November 2020 with an ex-dividend date of 12 November 2020.

The Preference Shares will be entitled to a gross dividend of 3 pence per Preference Share.

A scrip dividend alternative (to be settled in Preference Shares) will also be available for all preference shareholders in respect of the preference dividend.

The scrip dividend circular will be available on the Investor section of the Company's website ( www.theravenpropertygroup.com ) , and will also be available for viewing on the national storage mechanism ( https://data.fca.org.uk/#/nsm/nationalstoragemechanism ). Letters notifying the holders of Preference Shares of the presence of the scrip dividend circular on the Company's website and how to access it will be sent on or around 19 November 2020. The last date for receipt of completed forms of election (in accordance with the terms thereof) will be 4 December 2020.

The Directors of the Company also confirm the 2021 preference dividend timetable as outlined below:

 
                    March 2021    June 2021   September 2021   December 2021 
 Announcement       11 February   13 May      12 August        11 November 
  of dividend 
  by 
                   ------------  ----------  ---------------  -------------- 
 XD date            18 February   20 May      19 August        18 November 
                   ------------  ----------  ---------------  -------------- 
 Record date        19 February   21 May      20 August        19 November 
                   ------------  ----------  ---------------  -------------- 
 Posting of         25 February   27 May      26 August        25 November 
  circular 
                   ------------  ----------  ---------------  -------------- 
 Final date         12 March      11 June     10 September     10 December 
  for election 
                   ------------  ----------  ---------------  -------------- 
 Dividend payment   31 March      30 June     30 September     31 December 
  date 
                   ------------  ----------  ---------------  -------------- 
 

Enquiries

 
 Raven Property Group Limited                Tel: + 44 (0) 1481 712955 
  Anton Bilton 
  Glyn Hirsch 
 Novella Communications (public relations    Tel: [phone] 
  adviser) 
  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         Tel: + 44 (0) 207 260 1000 
  broker) 
  Alex Ham / Jamie Loughborough / 
  Alasdair Abram 
  Nathan Brown / George Shiel 
 Renaissance Capital (South African             Tel: [phone] 
  broker) 
  Yvette Labuschagne 
 Renaissance Capital (Russian broker)            Tel: + 7 495 258 7770 
  David Pipia 
 Ravenscroft (TISE sponsor)                  Tel: + 44 (0) 1481 732746 
  Semelia Hamon 
 

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. 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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November 05, 2020 02:00 ET (07:00 GMT)