To view the PDF file, sign up for a MySharenet subscription.

RAVEN PROPERTY GROUP LIMITED - Termination of listing

Release Date: 19/08/2022 16:25
Code(s): RAV     PDF:  
Wrap Text
Termination of listing

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


TERMINATION OF LISTING


Shareholders are referred to previous SENS announcements regarding the suspension of trading of ordinary
and preference shares of the Company with effect from 17 March 2022, the cancellation of the listing of the
Company's shares on the London Stock Exchange, The International Stock Exchange and the Moscow Stock
Exchange with effect from 28 June 2022 and the exercise of the put option on 14 July 2022 whereby Raven
divested itself of its Russian business, thereby disposing of its property portfolio.

Raven has a secondary listing on the Main Board of the JSE. Although trade in the Company's shares is
suspended on the JSE, Raven is still obliged to comply with the provisions of the JSE Listings Requirements,
including the obligation to have control over the majority of its assets, which, subsequent to the exercise of the
put option, it longer has.

Following the Company's request to the JSE to terminate the listing of its ordinary shares, the JSE
commenced proceedings to remove the listing pursuant to the provisions of the Listings Requirements.

Shareholders are therefore advised that Raven's listing will be removed from the commencement of business
on Monday, 29 August 2022 and that they will remain shareholders in an unlisted company. Accordingly, the
last day to trade (off-market) will be Tuesday, 23 August 2022 and the record date will be Friday, 26 August
2022.

Thereafter, the Company's securities can continue to be traded off market via a matched bargain trading
facility.    Information on this facility may be obtained from the Company by emailing
sharedealing@theravenpropertygroup.com.

Friday, 19 August 2022

Enquiries

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


 Java Capital (South African Sponsor)                     Tel: +27 (11) 722 3050
 Jean Tyndale-Biscoe / Andrew Brooking

Date: 19-08-2022 04:25:00
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.

Share This Story