RAVEN PROPERTY GROUP LIMITED - Tender offer price in Rand for holders of ordinary shares on the JSE

Tender offer price in Rand for holders of ordinary shares on the JSE

RAVEN PROPERTY GROUP LIMITED
Incorporated in Guernsey
Company number 43371
LSE share code: RAV JSE share code: RAV
ISIN: GB00B0D5V538
("Raven" or the "Company")


TENDER OFFER PRICE IN RAND FOR HOLDERS OF ORDINARY SHARES ON THE JOHANNESBURG STOCK EXCHANGE


On 19 May 2021 the Company announced details of the forthcoming tender offer for the proposed purchase of
1 in every 32 Ordinary Shares of 1p each in the Company ("Ordinary Shares") at 40p per share by way of a
tender offer (the "Tender Offer").

The Company can confirm that the South African Rand exchange rate for the Tender Offer will be
ZAR19.2053 to £1 calculated at the close of business on Wednesday 9 June 2021, resulting in an equivalent
Tender Offer price of 1 in every 32 Ordinary Shares at ZAR7.6821 per Ordinary Share for all shareholders on
the South African share register.

The salient dates and other information in relation to the Tender Offer pertaining to shareholders of the
Company on the South African register as set out in the separate Letter to South African Shareholders remain
unchanged.

10 June 2021

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 / Alex Bond
 Sales - Alan Geeves / James Waterlow

 Numis Securities Limited (UK joint broker)                       Tel: + 44 (0) 207 260 1000
 Alex Ham / Jamie Loughborough / Nathan Brown /
 George Shiel

 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 (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: 10-06-2021 09:12:00
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