RAVEN PROPERTY GROUP LIMITED - Directors Dealing

Release Date: 14/12/2018 09:00
Code(s): RAV
 
Wrap Text
Director’s Dealing

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

                                           Director’s Dealing

Pursuant to Disclosure Guidance and Transparency Rule 3.1.2-A, the following information falls to be
disclosed:

The Company was notified yesterday that on 12 December 2018, Colin Smith, Chief Operating Officer,
and The Lorier Discretionary Trust, a trust of which Colin Smith is interested, sold 18,303 and 18,302
convertible preference shares of no par value in the capital of the Company (“Convertible Shares”)
respectively at a price of 115p to meet tax liabilities from the 2016 Retention Scheme.

Following these transactions, Colin Smith and his immediate family have a beneficial interest in 257,270
Convertible Shares being 0.1298% of the total Convertible Shares in issue.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation,
provide further detail.

14 December 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 adviser)           Tel: +44 (0) 203 151 7008
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 Limited (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



       Notification and public disclosure of transactions by persons discharging managerial
                     responsibilities and persons closely associated with them


1    Details of the person discharging managerial responsibilities / person closely
      associated

a)   Name                                            Colin Smith


2    Reason for the notification

a)   Position/status                             Director/ PDMR


b)   Initial notification /Amendment   Initial notification


3    Details of the issuer, emission allowance market participant, auction platform,
      auctioneer or auction monitor

a)   Name                                            Raven Property Group Limited


b)   LEI                                                213800YJ5HI5CBXCYJ65


4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
      each type of transaction; (iii) each date; and (iv) each place where transactions have
      been conducted


a)   Description of the financial
     instrument, type of instrument     6.5% Convertible Preference shares of no par value

     Identification code                        GG00BYVFCC74


b)   Nature of the transaction            Sale


c)   Price(s) and volume(s)
                                                            Price(s)                    Volume(s)

                                                            115p                        18,303




d)   Aggregated information


     - Aggregated volume                    Not applicable - single transaction
     - Price


e)   Date of the transaction               12/12/2018


f)   Place of the transaction               London Stock Exchange (XLON)




1    Details of the person discharging managerial responsibilities / person closely
      associated

a)   Name                                            New Street Trust Limited as trustees of The Lorier
                                                            Discretionary Trust

2    Reason for the notification

a)   Position/status                              PCA of Colin Smith, a PDMR


b)   Initial notification /Amendment   Initial notification


3    Details of the issuer, emission allowance market participant, auction platform,
      auctioneer or auction monitor

a)   Name                                            Raven Property Group Limited


b)   LEI                                                213800YJ5HI5CBXCYJ65


4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
      each type of transaction; (iii) each date; and (iv) each place where transactions have
      been conducted


a)   Description of the financial
      instrument, type of instrument    6.5% Convertible Preference shares of no par value

     Identification code                        GG00BYVFCC74


b)   Nature of the transaction            Sale


c)   Price(s) and volume(s)
                                                            Price(s)                    Volume(s)

                                                            115p                        18,302




d)   Aggregated information


     - Aggregated volume                    Not applicable - single transaction
     - Price


e)   Date of the transaction                12/12/2018


f)   Place of the transaction                London Stock Exchange (XLON)

Date: 14/12/2018 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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