Raven Russia Limited Result of General Meeting and Tender Offer (6119M)
October 14 2016 - 12:00PM
UK Regulatory
TIDMRUS
RNS Number : 6119M
Raven Russia Limited
14 October 2016
14 October 2016
Raven Russia Limited ("Raven Russia" or the "Company")
Result of General Meeting and Tender Offer
Raven Russia announces that, at the General Meeting of the
Company held at 12:00 noon today, the special resolution put to
ordinary shareholders was duly passed.
Defined terms used in this announcement shall have the same
meaning as set out in the Tender Offer circular to shareholders
dated 12 September 2016.
A summary of the votes lodged by proxy is as follows:
For (see note 1) Against (see note 1) Number of votes withheld (see note 2) Total Votes Cast
--------------------- ----------------------- -------------------------------------- -----------------
No. of votes % No. of votes %
------------- ------ ---------------- ----- -------------------------------------- -----------------
501,529,570 98.88 5,665,189 1.12 748,689 507,194,759
------------- ------ ---------------- ----- -------------------------------------- -----------------
Notes:
1. "Votes For" includes those giving the Chairman discretion and
votes "For" and "Against" are expressed as a percentage of votes
received.
2. A "Vote Withheld" is not a vote in law and is not counted in
the calculation of the votes "For" and "Against" a resolution.
3. Total number of Ordinary Shares in issue at 12:00 noon on 12
October 2016 was 672,438,285 Ordinary Shares. 75.43% of voting
capital was instructed.
Raven Russia can confirm that a total of 4,469,822 Ordinary
Shares have been tendered in connection with the Tender Offer.
Tenders for up to and including the Tender Offer Entitlement of 1
Ordinary Share for every 80 Ordinary Shares at 40 pence per shares
will be met in full. The 4,469,822 Ordinary Shares purchased by the
Company pursuant to the Tender Offer will be cancelled and this
will result in a payment of approximately GBP1.79 million by the
Company. Cheques will be dispatched for certificated Ordinary
Shares and payment will be made through CREST for uncertificated
Ordinary Shares pursuant to the Tender Offer by 25 October
2016.
A copy of the resolutions concerning special business and passed
at today's General Meeting is available at the National Storage
Mechanism and is available for viewing online at:
http://www.hemscott.com/nsm.do.
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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