RAVEN PROPERTY GROUP LIMITED - Completion of acquisition

Completion of acquisition

Raven Property Group Limited
Incorporated in Guernsey
Company number 43371
LSE share code: RAV; JSE share code: RAV
ISIN:GB00B0D5V538
(“Raven” or the “Company”)


                                       Completion of acquisition

On 13 August 2018, the Board announced that a subsidiary of the Company had entered into two
conditional agreements ('the Agreements") for the acquisition of a logistics park in Moscow subject to the
satisfaction of certain escrow arrangements. The Agreements provided for the subsidiary of the Company
to acquire a completed warehouse complex from Industrialniy park “Sever” Limited Liability Company and
“Astreya” Joint Stock Company for an initial cash consideration of RUR 2.45billion ($35.6million) with
RUR 160.0 million ($2.3 million) deferred for between six to eight months following completion and
payable on the fulfillment of the Sellers’ obligations under the Agreements.

The Board is pleased to announce that completion of the acquisition took place yesterday, 12 September
2018.


13 September 2018
JSE Sponsor: Rencap Securities (Pty) Limited

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

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. 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

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