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RAV Raven Property Group Limited

3.82
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Raven Property Group Limited LSE:RAV London Ordinary Share GB00B0D5V538 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.82 3.95 4.01 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Raven Property Group Limited Acquisition (1049L)

20/12/2018 11:00am

UK Regulatory


Raven Property (LSE:RAV)
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TIDMRAV

RNS Number : 1049L

Raven Property Group Limited

20 December 2018

20 December 2018

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

Completion of Acquisition

On 5 December 2018, the Board announced that a subsidiary of the Company had entered into a conditional agreement for the acquisition of a completed warehouse in Nizhny Novgorod, together with 21.5ha of adjacent land. The acquisition was subject to the satisfaction of certain escrow arrangements. The Board is pleased to announce that completion of the acquisition took place yesterday, 19 December 2018.

Enquiries

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

Anton Bilton

Glyn Hirsch

Novella Communications Tel: +44 (0) 203 151 7008

Tim Robertson

Toby Andrews

N+1 Singer Tel: +44 (0) 20 7496 3000

Corporate Finance - James Maxwell / James Moat

Sales - Alan Geeves / James Waterlow

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

Alex Ham / Jamie Loughborough / Alasdair Abram

Renaissance Capital (South Africa) Tel: +27 (11) 750 1448

Yvette Labuschagne

Renaissance Capital (Moscow) Tel: + 7 495 258 7770

David Pipia

Ravenscroft 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, preference shares and warrants 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 1.8 million square metres of Grade "A" warehouses in Moscow, St Petersburg, Rostov-on-Don and Novosibirsk and 49,000 square metres of commercial office space in St Petersburg. For further information visit the Company's website: www.theravenpropertygroup.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

ACQEANAEAFPPFEF

(END) Dow Jones Newswires

December 20, 2018 06:00 ET (11:00 GMT)

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