Convertible Preference Share Dividend (RAVC)
Updated : 07:02
28 November 2019
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 2019 in respect of the period from 30 September 2019 to (but excluding) 31 December 2019.
The record date for the payment of the dividend for the Convertible Preference Shares is 6 December 2019 with an ex-dividend date of 5 December 2019. 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 2020 Convertible Preference Share dividend timetable as outlined below:
March 2020 | June 2020 | September 2020 | December 2020 | |
Announcement of dividend by | 27 February | 28 May | 26 August | 26 November |
XD date | 5 March | 4 June | 3 September | 3 December |
Record date | 6 March | 5 June | 4 September | 4 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
| 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) Emma Ozanne
| Tel: + 44 (0) 1481 729100 |
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
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