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Raven Property Group (RAV) Ordinary GBP 0.01

Sell:40.20p Buy:41.00p 0 Change: 0.80p (1.99%)
Market closed Prices as at close on 22 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:41.00p
Change: 0.80p (1.99%)
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed Prices as at close on 22 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:41.00p
Change: 0.80p (1.99%)
Market closed Prices as at close on 22 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.

×
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
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.

Business summary

Raven Property Group Limited, formerly Raven Russia Limited, is a property investment group specializing in commercial real estate in Russia. The Company invests in Class A warehouse complexes in Russia and leases to Russian and international tenants. The Company operates out of offices in Guernsey, Moscow and Cyprus, and has an investment portfolio of circa 1.8 million square meters of Class A warehouses in Moscow, St Petersburg, Rostov-on-Don and Novosibirsk, and 49,000 square meters of commercial office space in St Petersburg. The Company operates through three segments: Property Investment, RosLogistics and Raven Mount. Property Investment segment acquires or develops and leases commercial property in Russia. RosLogistics segment provides warehousing, transport, customs brokerage and related services in Russia. Raven Mount segment is engaged in the sale of residential property in the United Kingdom.

Contact details

Address:
Second floor
La Vieille Cour, La Plaiderie
ST PETER PORT
GY1 6EH
Guernsey
Telephone:
+44 (01481) 712955
Website:
www.ravenrussia.com

Important dates

Future events
AGM 31 May 2019 31/05/19
Past events
Annual report 29 April 2019 29/04/19
Final results 18 March 2019 18/03/19
Interim results 28 August 2018 28/08/18

General stock information

EPIC:
RAV
ISIN:
GB00B0D5V538
Market cap:
£256.25 million
Shares in issue:
625.00 million
Sector:
Real Estate Investment & Services
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
FTSE All Share,FTSE Small Cap

Key personnel

  • Glyn Hirsch
    Chief Executive Officer, Executive Director
  • Anton Bilton
    Executive Deputy Chairman of the Board
  • Mark Sinclair
    Chief Financial Officer, Executive Director
  • Colin Smith
    Chief Operating Officer, Executive Director
  • Benn Garnham
    Company Secretary

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account

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'.