TIDMRAV

RNS Number : 2696Q

Raven Property Group Limited

17 October 2019

17 October 2019

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

Director's Dealing

Pursuant to Disclosure Guidance and Transparency Rule 3.1.2-A, the following information falls to be disclosed:

The Company was notified that the following transactions took place yesterday, 16 October 2019:

Mark Sinclair, Chief Financial Officer, transferred 50,000 convertible preference shares of no par value in the capital of the Company ("Convertible Preference Shares") to two trusts in which his immediate family is beneficially interested.

These transactions have no effect on the beneficial interest of Mark Sinclair and his immediate family which remains at 904,162 Convertible Preference Shares.

Enquiries

 
 Raven Property Group Limited                Tel: + 44 (0) 1481 712955 
  Anton Bilton 
  Glyn Hirsch 
 Novella Communications (public relations    Tel: +44 (0) 203 151 7008 
  adviser) 
  Tim Robertson 
  Fergus Young 
 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         Tel: + 44 (0) 207 260 1000 
  broker) 
  Alex Ham / Jamie Loughborough / 
  Alasdair Abram 
 Renaissance Capital (South African             Tel: +27 (11) 750 1448 
  broker) 
  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 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. 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 1.9 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

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                         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 Property Group 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 instrument,         6.5% Convertible Preference Shares 
       type of instrument            of no par value 
 
       Identification code           GG00BYVFCC74 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Transfer to a PCA 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      n/a         50,000 
                                                 ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume           Not applicable - single transaction 
 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      16/10/2019 
     ---------------------------  -------------------------------------- 
 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 as trustees 
                                    of The Brooklands Trust 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              PCA of Mark Sinclair, 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 Property Group 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 instrument,         6.5% Convertible Preference Shares 
       type of instrument            of no par value 
 
       Identification code           GG00BYVFCC74 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Transfer from a PDMR 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      n/a         25,000 
                                                 ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume           Not applicable - single transaction 
 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      16/10/2019 
     ---------------------------  -------------------------------------- 
 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 as trustees 
                                    of The Jemco Trust 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              PCA of Mark Sinclair, 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 Property Group 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 instrument,         6.5% Convertible Preference Shares 
       type of instrument            of no par value 
 
       Identification code           GG00BYVFCC74 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Transfer from a PDMR 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      n/a         25,000 
                                                 ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume           Not applicable - single transaction 
 
 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      16/10/2019 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     Outside of trading venue 
     ---------------------------  -------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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