RNS Number : 8239I
Raven Property Group Limited
29 November 2018
 

29 November 2018

 

 

Raven Property Group Limited ("Raven" or the "Company")

 

Convertible Preference Share Dividend (RAVC)

 

 

The Directors of the Company confirm that the quarterly payment of the dividend in respect of the cumulative convertible redeemable preference shares of no par value (the "Convertible Preference Shares") with ticker RAVC, will be made on 31 December 2018 in respect of the period from 30 September 2018 to (but excluding) 31 December 2018.  

 

The record date for the payment of the dividend for the Convertible Preference Shares is 7 December 2018 with an ex-dividend date of 6 December 2018. Holders of Convertible Preference Shares will be entitled to a gross dividend of 1.625p per Convertible Preference Share.

 

The Directors of the Company also confirm the 2019 Convertible Preference Share dividend timetable as outlined below:

 


March 2019

June 2019

September 2019

December 2019

Announcement of dividend by

28 February

30 May

29 August

28 November

XD date

7 March

6 June

5 September

5 December

Record date

8 March

7 June

6 September

6 December

Dividend payment date

1 April

1 July

30 September

31 December

 

 

 

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

 


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