RAVEN PROPERTY GROUP LIMITED - Update in relation 2020 Annual General Meeting voting outcome

Update in relation 2020 Annual General Meeting  voting outcome

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

             Update in relation 2020 Annual General Meeting (“AGM”) voting outcome

At the Company’s AGM held on 6 July 2020:
     • 73.6% of votes were cast in favour of Resolution 2 “to approve the Directors’ Remuneration
        Report”; and
     • 77.6% of votes were cast in favour of Resolution 3 “to re-appoint Sir Richard Jewson.”

In the announcement released following the AGM the Board explained that, in line with accepted best
practice, the Company had deferred the proposal of a new remuneration policy for the period 1 January
2021 to 31 December 2023 until the 2021 AGM. As it had with all previous significant remuneration
matters, the Company is consulting with its major shareholders prior to presenting the proposed policy.
This consultation is under way. Further the Company has progressed succession planning for the Board
and on 21 October 2020 announced the appointment of Russell Field and Philip Swire as independent
Non Executive Directors.

6 January 2021
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
 Nathan Brown / George Shiel

 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 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

Date: 06-01-2021 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.