RAVEN PROPERTY GROUP LIMITED - Directors Dealing

Director’s Dealing

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

                                           Director’s Dealing

Pursuant to Disclosure Guidance and Transparency Rule 3.1.2-A, the following information falls to be
disclosed:

The Company was notified today that a trust of which Anton Bilton, Executive Deputy Chairman is
interested, transferred 251,402 cumulative redeemable preference shares of 1p each in the capital of the
Company (“Preference Shares”) to his daughter Lily Bilton.

Following this transaction, Anton Bilton and his immediate family have a beneficial interest in 4,701,953
Preference Shares being 4.70% of the total Preference Shares in issue.

17 March 2020
JSE Sponsor: Rencap Securities (Pty) Limited



Enquiries

 Raven Property Group Limited                                             Tel: + 44 (0) 1481 712955
 Anton Bilton
 Glyn Hirsch

 Novella Communications (public relations adviser)                        Tel: +44 (0) 203 151 7008
 Tim Robertson
 Fergus Young

 N+1 Singer (UK joint broker)                                             Tel: +44 (0) 20 7496 3000
 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: +27 (11) 750 1448
 Yvette Labuschagne

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

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


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



       Notification and public disclosure of transactions by persons discharging managerial
                     responsibilities and persons closely associated with them

1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              The Cassian and Lily Bilton Trust


2    Reason for the notification

a)   Position/status                   PCA of Anton Bilton, a PDMR


b)   Initial notification /Amendment   Initial notification


3    Details of the issuer, emission allowance market participant, auction platform,
     auctioneer or auction monitor

a)   Name                              Raven Property Group Limited


b)   LEI                               213800YJ5HI5CBXCYJ65


4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
     each type of transaction; (iii) each date; and (iv) each place where transactions have
     been conducted


a)   Description of the financial
     instrument, type of instrument    Cumulative Redeemable Preference Shares of 1p each

     Identification code               GG00B55K7B92


b)   Nature of the transaction         Transfer to a family member


c)   Price(s) and volume(s)
                                        Price(s)                     Volume(s)

                                        n/a                          251,402




d)   Aggregated information


     - Aggregated volume               Not applicable - single transaction


     - Price
e)   Date of the transaction    17/03/2020


f)   Place of the transaction   London Stock Exchange (XLON)

Date: 18-03-2020 07:05:00
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