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Raven Property Group (RAV) Ordinary GBP 0.01

Sell:40.20p Buy:40.40p 0 Change: 0.20p (0.50%)
Market closed Prices as at close on 21 May 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Raven Property Group Ordinary GBP 0.01

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 16 May 2019)

What is happening?

 

Raven Property Group Ltd has announced details of a Tender Offer. You have two options to consider before our noon Wednesday 29 May 2019 deadline.

 

The Company has announced it intends to purchase up to 24,509,961 Shares (approximately 3.92%) of the entire issued Share Capital at a tender price of 45p per Share. The Tender Offer enables Shareholders to tender (i.e. elect to sell) 2 Ordinary Share in every 51 Shares held (the Basic Entitlement) at the close of business on 30 May 2019. Shareholders will also have the opportunity to tender more than their Basic Entitlement to the extent that other Shareholders tender less than their Basic Entitlement. Therefore excess tender elections may be subject to scaling back.

 

What are my options?

 

Option 1 - Tender a specific number of Ordinary Shares. You are able to tender more or less than your Basic Entitlement. Please give us your instruction by noon Wednesday 29 May 2019, at which point any tendered Shares will be removed from your portfolio. Please note that excess elections must state the total number of Shares you wish to tender, including your Basic Entitlement.

 

Option 2 - Take no action. Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.

 

Cash resulting from a successful tender will be credited to your Account on or shortly after 12 June 2019.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:40.20p
Buy:40.40p
Change: 0.20p (0.50%)
Market closed Prices as at close on 21 May 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Raven Property Group Ordinary GBP 0.01

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 16 May 2019)

What is happening?

 

Raven Property Group Ltd has announced details of a Tender Offer. You have two options to consider before our noon Wednesday 29 May 2019 deadline.

 

The Company has announced it intends to purchase up to 24,509,961 Shares (approximately 3.92%) of the entire issued Share Capital at a tender price of 45p per Share. The Tender Offer enables Shareholders to tender (i.e. elect to sell) 2 Ordinary Share in every 51 Shares held (the Basic Entitlement) at the close of business on 30 May 2019. Shareholders will also have the opportunity to tender more than their Basic Entitlement to the extent that other Shareholders tender less than their Basic Entitlement. Therefore excess tender elections may be subject to scaling back.

 

What are my options?

 

Option 1 - Tender a specific number of Ordinary Shares. You are able to tender more or less than your Basic Entitlement. Please give us your instruction by noon Wednesday 29 May 2019, at which point any tendered Shares will be removed from your portfolio. Please note that excess elections must state the total number of Shares you wish to tender, including your Basic Entitlement.

 

Option 2 - Take no action. Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.

 

Cash resulting from a successful tender will be credited to your Account on or shortly after 12 June 2019.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:40.20p
Buy:40.40p
Change: 0.20p (0.50%)
Market closed Prices as at close on 21 May 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Raven Property Group Ordinary GBP 0.01

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 16 May 2019)

What is happening?

 

Raven Property Group Ltd has announced details of a Tender Offer. You have two options to consider before our noon Wednesday 29 May 2019 deadline.

 

The Company has announced it intends to purchase up to 24,509,961 Shares (approximately 3.92%) of the entire issued Share Capital at a tender price of 45p per Share. The Tender Offer enables Shareholders to tender (i.e. elect to sell) 2 Ordinary Share in every 51 Shares held (the Basic Entitlement) at the close of business on 30 May 2019. Shareholders will also have the opportunity to tender more than their Basic Entitlement to the extent that other Shareholders tender less than their Basic Entitlement. Therefore excess tender elections may be subject to scaling back.

 

What are my options?

 

Option 1 - Tender a specific number of Ordinary Shares. You are able to tender more or less than your Basic Entitlement. Please give us your instruction by noon Wednesday 29 May 2019, at which point any tendered Shares will be removed from your portfolio. Please note that excess elections must state the total number of Shares you wish to tender, including your Basic Entitlement.

 

Option 2 - Take no action. Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.

 

Cash resulting from a successful tender will be credited to your Account on or shortly after 12 June 2019.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

You can buy or sell this share through a ISALifetime ISASIPP or Fund & Share Account.

Deal in an existing account

You can also call our telephone dealers on 0117 980 9800.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.