Preference shares dividend
RAVEN PROPERTY GROUP LIMITED
Incorporated in Guernsey
Company number 43371
LSE share code: RAV JSE share code: RAV
ISIN: GB00B0D5V538
(“Raven” or the “Company”)
PREFERENCE SHARES DIVIDEND
Further to the Company’s announcement on 17 March 2022, the economic uncertainty surrounding its business in
Russia caused by current sanctions and counter sanctions continues to severely limit the Company’s ability to
access funds from its Russian subsidiaries and to convert roubles into alternative currencies, even at punitive
exchange rates. In the same announcement the Company indicated that it was unlikely that the Company would
pay the preference share dividend for the quarter ended 31 March 2022.
In light of the continuing uncertainty and in order to conserve liquidity, the Board has therefore resolved that
payment of the preference share dividend for the period from 31 December 2021 up to, but excluding, 31 March
2022 will not be made and this will accumulate in accordance with the terms of the instrument.
30 March 2022
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
Singer Capital Markets (UK broker) Tel: +44 (0) 207 496 3000
Investment Banking - James Maxwell / Alex Bond
Markets - Alan Geeves / James Waterlow
Java Capital (South African Sponsor) Tel: +27 (11) 722 3050
Jean Tyndale-Biscoe / Andrew Brooking
Renaissance Capital (Russian broker) Tel: + 7 495 258 7770
David Pipia
Ravenscroft Consultancy & Listing Services Limited (TISE Tel: + 44 (0) 1481 732746
sponsor)
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
Date: 30-03-2022 08:17:00
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