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10 Nov 2016 07:00
10 November 2016
Raven Russia Limited ("Raven Russia" or the "Company")
Preference Share Dividend (RUSP)
The Directors of the Company confirm that the quarterly payment of the preference dividend in respect of the cumulative redeemable preference shares of 1p each with ticker RUSP (the "Preference Shares") will be made, in accordance with their terms, on 3 January 2017 in respect of the period from 30 September 2016 to (but excluding) 31 December 2016. The record date for the payment of the preference dividend for the Preference Shares is 18 November 2016 with an ex-dividend date of 17 November 2016.
The Preference Shares will be entitled to a gross dividend of 3 pence per Preference Share.
A scrip dividend alternative (to be settled in Preference Shares) will also be available for all preference shareholders in respect of the preference dividend.
The scrip dividend circular will be available on the Investor section of the Company's website (www.ravenrussia.com), and will also be available for viewing on the national storage mechanism (www.hemscott.com/nsm). Letters notifying the holders of Preference Shares of the presence of the scrip dividend circular on the Company's website and how to access it will be sent on or around 24 November 2016. The last date for receipt of completed forms of election (in accordance with the terms thereof) will be 9 December 2016.
The Directors of the Company also confirm the 2017 preference dividend timetable as outlined below:
March 2017 | June 2017 | September 2017 | December 2017 | |
Announcement of dividend by | 9 February | 11 May | 10 August | 9 November |
XD date | 16 February | 18 May | 17 August | 16 November |
Record date | 17 February | 19 May | 18 August | 17 November |
Posting of circular | 23 February | 25 May | 24 August | 23 November |
Final date for election | 10 March | 9 June | 8 September | 8 December |
Dividend payment date | 31 March | 30 June | 2 October | 2 January 2018 |
Enquiries
Raven Russia Limited Tel: + 44 (0) 1481 712955
Anton Bilton
Glyn Hirsch
Novella Communications Tel: +44 (0) 203 151 7008
Tim Robertson
Toby Andrews
N+1 Singer Tel: +44 (0) 20 7496 3000
Corporate Finance - James Maxwell / Liz Yong
Sales - Alan Geeves / James Waterlow
Barclays Bank Plc Tel: +44 (0) 20 7623 2323
Tom Boardman / Tom Macdonald
Ravenscroft Tel: + 44 (0) 1481 729100
David McGall
About Raven Russia
Raven Russia 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 Channel Islands Securities Exchange Authority Limited ("CISEA"). Its Convertible Preference Shares are admitted to the CISEA Official List and trading on the SETSqx market of the London Stock Exchange. The Company operates out of offices in Guernsey, Moscow and Cyprus and has to date completed a portfolio of circa 1.5 million square metres of Grade "A" warehouses in Moscow, St Petersburg, Rostov-on-Don and Novosibirsk. For further information visit the Company's website: www.ravenrussia.com
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