Raven Property Group Limited Acquisition (1049L)
December 20 2018 - 5:00AM
UK Regulatory
TIDMRAV
RNS Number : 1049L
Raven Property Group Limited
20 December 2018
20 December 2018
Raven Property Group Limited ("Raven" or the "Company")
Completion of Acquisition
On 5 December 2018, the Board announced that a subsidiary of the
Company had entered into a conditional agreement for the
acquisition of a completed warehouse in Nizhny Novgorod, together
with 21.5ha of adjacent land. The acquisition was subject to the
satisfaction of certain escrow arrangements. The Board is pleased
to announce that completion of the acquisition took place
yesterday, 19 December 2018.
Enquiries
Raven Property Group 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 / James Moat
Sales - Alan Geeves / James Waterlow
Numis Securities Limited Tel: + 44 (0) 207 260 1000
Alex Ham / Jamie Loughborough / Alasdair Abram
Renaissance Capital (South Africa) Tel: +27 (11) 750 1448
Yvette Labuschagne
Renaissance Capital (Moscow) Tel: + 7 495 258 7770
David Pipia
Ravenscroft 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, preference shares and
warrants 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 1.8 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.theravenpropertygroup.com
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contact rns@lseg.com or visit www.rns.com.
END
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