Sharenet Sites 
Sharenet Sites
Tender Offer price in Rand for holders of Ordinary Shares on the Johannesburg Stock Exchange
Raven Property Group Limited
Incorporated in Guernsey
Company number 43371
LSE share code: RAV; JSE share code: RAV
ISIN:GB00B0D5V538
(“Raven” or the “Company”)
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, INTO
ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION
Tender Offer price in Rand for holders of Ordinary Shares on the Johannesburg Stock
Exchange
On 16 October 2018 the Company announced details of the forthcoming tender offer for the
proposed purchase of 1 in every 44 Ordinary Shares of 1p each in the Company (”Ordinary
Shares”) at 55p 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
used is ZAR18.63215 to £1 calculated at the close of business on Tuesday 30 October 2018,
resulting in an equivalent Tender Offer price of 1 in every 44 Ordinary Share at ZAR10.24768
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.
31 October 2018
JSE Sponsor: Rencap Securities (Pty) Limited
Enquiries
Raven Property Group Limited Tel: +44 (0) 1481 712955
Anton Bilton
Glyn Hirsch
Novella Communications (public relations Tel: +44 (0) 203 151 7008
adviser)
Tim Robertson
Toby Andrews
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 (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
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 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 1.8 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
Date: 31/10/2018 10:00:00 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.
