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5 Nov 2020 07:00
5 November 2020
Raven Property Group Limited ("Raven" or the "Company")
Preference Share Dividend (RAVP)
The Directors of the Company confirm that the quarterly payment of the preference dividend in respect of the preference shares of 1p each with ticker RAVP (the "Preference Shares") will be made, in accordance with their terms, on 31 December 2020 in respect of the period from 30 September 2020 to (but excluding) 31 December 2020. The record date for the payment of the preference dividend for the Preference Shares is 13 November 2020 with an ex-dividend date of 12 November 2020.
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.theravenpropertygroup.com), and will also be available for viewing on the national storage mechanism (https://data.fca.org.uk/#/nsm/nationalstoragemechanism). 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 19 November 2020. The last date for receipt of completed forms of election (in accordance with the terms thereof) will be 4 December 2020.
The Directors of the Company also confirm the 2021 preference dividend timetable as outlined below:
| March 2021 | June 2021 | September 2021 | December 2021 |
Announcement of dividend by | 11 February | 13 May | 12 August | 11 November |
XD date | 18 February | 20 May | 19 August | 18 November |
Record date | 19 February | 21 May | 20 August | 19 November |
Posting of circular | 25 February | 27 May | 26 August | 25 November |
Final date for election | 12 March | 11 June | 10 September | 10 December |
Dividend payment date | 31 March | 30 June | 30 September | 31 December |
Enquiries
Raven Property Group Limited Anton Bilton Glyn Hirsch
| Tel: + 44 (0) 1481 712955 |
Novella Communications (public relations adviser) Tim Robertson Fergus Young
| Tel: +44 (0) 203 151 7008 |
N+1 Singer (UK joint broker) Corporate Finance - James Maxwell / James Moat Sales - Alan Geeves / James Waterlow
| Tel: +44 (0) 20 7496 3000 |
Numis Securities Limited (UK joint broker) Alex Ham / Jamie Loughborough / Alasdair Abram Nathan Brown / George Shiel
| Tel: + 44 (0) 207 260 1000 |
Renaissance Capital (South African broker) Yvette Labuschagne
| Tel: +27 (11) 750 1448 |
Renaissance Capital (Russian broker) David Pipia
| Tel: + 7 495 258 7770 |
Ravenscroft (TISE sponsor) Semelia Hamon
| Tel: + 44 (0) 1481 732746 |
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
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