TIDMRUS
RNS Number : 6212A
Raven Russia Limited
29 December 2017
29 December 2017
Raven Russia Limited ("Raven Russia" or the "Company")
Directors' Dealings
Pursuant to the Disclosure Guidance and Transparency Rule
3.1.2-A, the following information falls to be disclosed:
The Company was notified by the trustees of the Raven Russia
Employee Benefit Trust No 1 ("the Trustees"), that they have
transferred preference shares of 1p each in the capital of the
Company ("Preference Shares") and convertible preference shares of
no par value in the capital of the company ("Convertible Preference
Shares") to certain directors of the Company in satisfaction of
awards granted under the 2016 Retention Scheme.
The Company was also notified today that Glyn Hirsch, Chief
Executive Officer of the Company, disposed of 56,866 Preference
Shares at a price of 146p per share to meet tax liabilities
arising.
Details of the transfers and the Directors' interests in
Preference Shares and Convertible Preference Shares are set out in
the table below:
Preference Total Percentage Convertible Total Percentage
Shares interests of Preference Preference interests of Convertible
(RUSP) in Preference Shares Shares in Convertible Preference
Shares in issue (RUSC) Preference Shares
(RUSP) (RUSP) Shares in issue
(RUSC) (RUSC)
------------------- ----------- --------------- --------------- ------------ ---------------- ----------------
Anton
Bilton((1)
() 133,236 5,953,355 6.0014 534,749 1,729,144 0.8725
------------------- ----------- --------------- --------------- ------------ ---------------- ----------------
Glyn Hirsch((1) 2,219,595((2) 2.2375((2)
() 133,236 () () 534,749 1,729,144 0.8725
------------------- ----------- --------------- --------------- ------------ ---------------- ----------------
Mark Sinclair((1)
() 41,519 762,351 0.7685 166,638 425,013 0.2144
------------------- ----------- --------------- --------------- ------------ ---------------- ----------------
Colin
Smith((1)
() 36,828 503,719 0.5078 147,809 293,875 0.1483
------------------- ----------- --------------- --------------- ------------ ---------------- ----------------
(1) includes preference shares and convertible preference shares
held by trusts where the individual or close family members are
beneficiaries
(2) Total interests shown after disposal noted in this
announcement
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail.
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
Numis Securities Limited Tel: + 44 (0) 207 260 1000
Alex Ham / Jamie Loughborough / Alasdair Abram
Ravenscroft Tel: + 44 (0) 1481 729100
Jade Cook
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 International Stock Exchange ("TISE"). Its
Convertible Preference Shares are admitted to the Official List of
TISE and 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.ravenrussia.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 Praxis Trustees Limited and
Truchot Trustees Limited
- trustees of a trust of
which Anton Bilton and his
immediate family are a beneficiary
--- ------------------------- ------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------
a) Position/status PCA of Anton Bilton, a PDMR
--- ------------------------- ------------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------
a) Name Raven Russia 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 Preference Shares of 1p each
instrument, type
of instrument GG00B55K7B92
Identification
code
--- ------------------------- ------------------------------------
b) Nature of the Transfer of shares under
transaction 2016 Retention Scheme
--- ------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
145.81 133,236
--------- ----------
--- ------------------------- ------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
--- ------------------------- ------------------------------------
e) Date of the transaction 29/12/2017
--- ------------------------- ------------------------------------
f) Place of the transaction Outside of trading venue
--- ------------------------- ------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------
a) Name Praxis Trustees Limited and
Truchot Trustees Limited
- trustees of a trust of
which Anton Bilton and his
immediate family are a beneficiary
--- ------------------------- ------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------
a) Position/status PCA of Anton Bilton, a PDMR
--- ------------------------- ------------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------
a) Name Raven Russia 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 Convertible Preference Shares
instrument, type of no par value
of instrument
GG00BYVFCC74
Identification
code
--- ------------------------- ------------------------------------
b) Nature of the Transfer of shares under
transaction 2016 Retention Scheme
--- ------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
123 534,749
--------- ----------
--- ------------------------- ------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
--- ------------------------- ------------------------------------
e) Date of the transaction 29/12/2017
--- ------------------------- ------------------------------------
f) Place of the transaction Outside of trading venue
--- ------------------------- ------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Glyn Hirsch
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Director / PDMR
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name Raven Russia 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 Preference Shares of 1p each
instrument, type
of instrument GG00B55K7B92
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Transfer of shares under
transaction 2016 Retention Scheme
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
145.81 133,236
--------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
Not applicable
- Aggregated volume
- Price
--- ------------------------- -------------------------------
e) Date of the transaction 29/12/2017
--- ------------------------- -------------------------------
f) Place of the transaction Outside of trading venue
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Glyn Hirsch
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Director / PDMR
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name Raven Russia 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 Preference Shares of 1p each
instrument, type
of instrument GG00B55K7B92
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Sale
transaction
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
146 56,866
--------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
Not applicable
- Aggregated volume
- Price
--- ------------------------- -------------------------------
e) Date of the transaction 29/12/2017
--- ------------------------- -------------------------------
f) Place of the transaction Outside of trading venue
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Glyn Hirsch
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Director / PDMR
--- ------------------------- --------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- --------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------
a) Name Raven Russia 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 Convertible Preference Shares
instrument, type of no par value
of instrument
GG00BYVFCC74
Identification
code
--- ------------------------- --------------------------------
b) Nature of the Transfer of shares under
transaction 2016 Retention Scheme
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
123 534,749
--------- ----------
--- ------------------------- --------------------------------
d) Aggregated information
Not applicable
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 29/12/2017
--- ------------------------- --------------------------------
f) Place of the transaction Outside of trading venue
--- ------------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Mark Sinclair
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Director / PDMR
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name Raven Russia 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 Preference Shares of 1p each
instrument, type
of instrument GG00B55K7B92
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Transfer of shares under
transaction 2016 Retention Scheme
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
145.81 41,519
--------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
Not applicable
- Aggregated volume
- Price
--- ------------------------- -------------------------------
e) Date of the transaction 29/12/2017
--- ------------------------- -------------------------------
f) Place of the transaction Outside of trading venue
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Mark Sinclair
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status Director / PDMR
--- ------------------------- --------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- --------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------
a) Name Raven Russia 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 Convertible Preference Shares
instrument, type of no par value
of instrument
GG00BYVFCC74
Identification
code
--- ------------------------- --------------------------------
b) Nature of the Transfer of shares under
transaction 2016 Retention Scheme
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
123 166,638
--------- ----------
--- ------------------------- --------------------------------
d) Aggregated information
Not applicable
- Aggregated volume
- Price
--- ------------------------- --------------------------------
e) Date of the transaction 29/12/2017
--- ------------------------- --------------------------------
f) Place of the transaction Outside of trading venue
--- ------------------------- --------------------------------
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 Initial notification
/Amendment
--- ------------------------- ------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------
a) Name Raven Russia 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 Preference Shares of 1p each
instrument, type
of instrument GG00B55K7B92
Identification
code
--- ------------------------- ------------------------------------------
b) Nature of the Transfer of shares under
transaction 2016 Retention Scheme
--- ------------------------- ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
145.81 18,414
--------- ----------
--- ------------------------- ------------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
--- ------------------------- ------------------------------------------
e) Date of the transaction 29/12/2017
--- ------------------------- ------------------------------------------
f) Place of the transaction Outside of trading venue
--- ------------------------- ------------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------
a) Name New Street Trust Limited
- trustees of a trust of
which Colin Smith and his
immediate family are a beneficiary
--- ------------------------- ------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------
a) Position/status PCA of Colin Smith, a PDMR
--- ------------------------- ------------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------
a) Name Raven Russia 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 Preference Shares of 1p each
instrument, type
of instrument GG00B55K7B92
Identification
code
--- ------------------------- ------------------------------------
b) Nature of the Transfer of shares under
transaction 2016 Retention Scheme
--- ------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
145.81 18,414
--------- ----------
--- ------------------------- ------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
--- ------------------------- ------------------------------------
e) Date of the transaction 29/12/2017
--- ------------------------- ------------------------------------
f) Place of the transaction Outside of trading venue
--- ------------------------- ------------------------------------
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 Initial notification
/Amendment
--- ------------------------- ------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------
a) Name Raven Russia 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 Convertible Preference Shares
instrument, type of no par value
of instrument
GG00BYVFCC74
Identification
code
--- ------------------------- ------------------------------------------
b) Nature of the Transfer of shares under
transaction 2016 Retention Scheme
--- ------------------------- ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
123 73,904
--------- ----------
--- ------------------------- ------------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
--- ------------------------- ------------------------------------------
e) Date of the transaction 29/12/2017
--- ------------------------- ------------------------------------------
f) Place of the transaction Outside of trading venue
--- ------------------------- ------------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------
a) Name New Street Trust Limited
- trustees of a trust of
which Colin Smith and his
immediate family are a beneficiary
--- ------------------------- ------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------
a) Position/status PCA of Colin Smith, a PDMR
--- ------------------------- ------------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------
a) Name Raven Russia 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 Convertible Preference Shares
instrument, type of no par value
of instrument
GG00BYVFCC74
Identification
code
--- ------------------------- ------------------------------------
b) Nature of the Transfer of shares under
transaction 2016 Retention Scheme
--- ------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
123 73,905
--------- ----------
--- ------------------------- ------------------------------------
d) Aggregated information
- Aggregated volume Not applicable
- Price
--- ------------------------- ------------------------------------
e) Date of the transaction 29/12/2017
--- ------------------------- ------------------------------------
f) Place of the transaction Outside of trading venue
--- ------------------------- ------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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