JSE Sens

RAVEN PROPERTY GROUP LIMITED - Purchase by the Company of its own shares; notification and public disclosure of transactions by PDMRs

2021/05/11 12:15:00

Download PDF Stock report

                    Purchase by the Company of its own shares; notification and public disclosure of transactions by PDMRs

RAVEN PROPERTY GROUP LIMITED
Incorporated in Guernsey
Company number 43371
LSE share code: RAV JSE share code: RAV
ISIN: GB00B0D5V538
('Raven' or the 'Company')


PURCHASE BY THE COMPANY OF ITS OWN ORDINARY SHARES AND PURCHASE OF EXISTING
ORDINARY SHARES AND PREFERENCE SHARES BY THE COMPANY AND ITS EXECUTIVE MANAGEMENT THROUGH A JOINT VENTURE

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND
PERSONS CLOSELY ASSOCIATED WITH THEM


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

Following the approvals at the General Meeting and Class Meeting held on 6 May 2021, the conditions necessary for
the conditional purchase from the Invesco Funds of the Invesco Shares (the “Transaction”) have each been satisfied
and settlement has occurred today.

Raven Holdings Limited
Raven Holdings Limited acquired 100,000,000 Ordinary Shares and 32,500,000 Preference Shares from the Invesco
Funds and the Executive Management Team contributed 53,030,301 Ordinary Shares into Raven Holdings Limited.

The table below sets out the number of Ordinary Shares contributed by each of the Executive Directors to the Raven
Holdings Limited:

                                                        Ordinary Shares Contributed to Raven Holdings Limited

 Anton Bilton*                                                                                               36,374,524
 Glyn Hirsch*                                                                                                 7,687,832
 Mark Sinclair*                                                                                               2,631,707
 Colin Smith*                                                                                                   992,215

*includes Ordinary Shares held by trusts or pension schemes and investment vehicles where the individual or close
family members are beneficiaries

Each of the Executive Directors has an interest in Raven Holdings Limited as disclosed in the table below:

                                                                               Interest in Raven Holdings Limited
 Anton Bilton*                                                                                            34.30%
 Glyn Hirsch*                                                                                              7.25%
 Mark Sinclair*                                                                                            2.48%
 Colin Smith*                                                                                              0.94%

Following the Transaction, Raven Holdings Limited holds 153,030,301 Ordinary Shares (26.59%) and 32,500,000
Preference Shares (15.02%).

In addition to their interest in Raven Holdings Limited the Executive Directors have further interests in Ordinary
Shares as follows:

                                        Ordinary Shares held outside of          Percentage of issued ordinary
                                        the Raven Holdings Limited               share capital held outside of the
                                                                                 Raven Holdings Limited
 Anton Bilton*                          4,169,178                                0.724%
 Glyn Hirsch*                           361,492                                  0.063%
 Mark Sinclair*                         511,639                                  0.089%
 Colin Smith*                           220,511                                  0.038%

Placing Preference Shares

The Directors of the Company and their immediate family participated in the placing of Preference Shares as set out
below.

                                             Preference Shares          Preference Shares        Percentage of issued
                                            acquired in Placing         held after Placing          preference share
                                                                                                              capital
 Sir Richard Jewson*                                    189,600                    265,060                  0.1225%
 Anton Bilton*                                        5,000,000                 11,162,188                    5.1593%
 Glyn Hirsch*                                           500,000                   4,179,830                   1.9320%
 Mark Sinclair*                                         165,000                   1,456,305                   0.6731%
 Colin Smith*                                            75,000                     979,198                   0.4526%
 Russell Field*                                         250,000                     250,000                   0.1156%

*includes Preference Shares held by trusts or pension schemes where the individual or close family members are
beneficiaries and excludes interests of the Executive Directors holdings in Raven Holdings Limited explained above.

Company Buyback

Following the Transaction, 9,850,350 Ordinary Shares bought back by the Company were cancelled.

The Invesco Funds no longer have an interest in the Company.

Defined terms used in this announcement shall have the same meaning as set out in the Circular to Ordinary Shareholders
dated 19 April 2021.

Enquiries

  Raven Property Group Limited                                             Tel: + 44 (0) 1481 712955
  Anton Bilton
  Glyn Hirsch

  Novella Communications (public relations adviser)                        Tel: +44 (0) 203 151 7008
  Tim Robertson
  Fergus Young

  N+1 Singer (UK joint broker)                                             Tel: +44 (0) 20 7496 3000
  Corporate Finance - James Maxwell / Alex Bond
  Sales - Alan Geeves / James Waterlow

  Numis Securities Limited (UK joint broker)                               Tel: + 44 (0) 207 260 1000
  Alex Ham / Jamie Loughborough / Nathan Brown /
  George Shiel
  
  Java Capital (South African Sponsor)                                        Tel: +27 (11) 722 3050
  Jean Tyndale-Biscoe / Andrew Brooking

  Renaissance Capital (Russian broker)                                        Tel: + 7 495 258 7770
  David Pipia

  Ravenscroft (TISE sponsor)                                              Tel: + 44 (0) 1481 732746
  Semelia Hamon


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. 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


          1    Details of the person discharging managerial responsibilities / person closely
               associated

          a)   Name                              Anton Bilton

          2    Reason for the notification

          a)   Position/status                   Director/ PDMR

          b)   Initial notification /Amendment   Initial notification

          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, type of instrument    Ordinary shares of 1p each

               Identification code               GB00B0D5V538

          b)   Nature of the transaction         Contribution of Ordinary Shares to Rubicon Investments
                                                 Limited
          c)   Price(s) and volume(s)
                                                   Price(s)                    Volume(s)

                                                   29p                         10,366,620
d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Praxis Trustees Limited & Truchot Trustees Limited

2    Reason for the notification

a)   Position/status                   A PCA of Anton Bilton, a PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Ordinary shares of 1p each
     Identification code
                                       GB00B0D5V538

b)   Nature of the transaction         Contribution of Ordinary Shares to Rubicon Investments
                                       Limited
c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         29p                        4,409,724

d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price
e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Bilton Investments Limited

2    Reason for the notification

a)   Position/status                   A PCA of Anton Bilton, a PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Ordinary shares of 1p each

     Identification code               GB00B0D5V538

b)   Nature of the transaction         Contribution of Ordinary Shares to Rubicon Investments
                                       Limited
c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         29p                        21,598,180

d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue
1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Glyn Hirsch

2    Reason for the notification

a)   Position/status                   Director/ PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Ordinary shares of 1p each

     Identification code               GB00B0D5V538

b)   Nature of the transaction         Contribution of Ordinary Shares to Rubicon Investments
                                       Limited
c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         29p                        7,687,832

d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


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 /Amendment   Initial notification

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, type of instrument    Ordinary shares of 1p each

     Identification code               GB00B0D5V538

b)   Nature of the transaction         Contribution of Ordinary Shares to Rubicon Investments
                                       Limited
c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         29p                        2,631,707

d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Colin Smith

2    Reason for the notification

a)   Position/status                   Director/ PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Ordinary shares of 1p each

     Identification code               GB00B0D5V538

b)   Nature of the transaction         Contribution of Ordinary Shares to Rubicon Investments
                                       Limited
c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         29p                        516,513




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Lorier Retirement Annuity Trust

2    Reason for the notification

a)   Position/status                   A PCA of Colin Smith, a PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Ordinary shares of 1p each

     Identification code               GB00B0D5V538

b)   Nature of the transaction         Contribution of Ordinary Shares to Rubicon Investments
                                       Limited
c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         29p                        475,702




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Rubicon Investments Limited

2    Reason for the notification

a)   Position/status                   A PCA of Anton Bilton, Glyn Hirsch, Mark Sinclair and
                                       Colin Smith, all PDMR’s
b)   Initial notification /Amendment   Initial notification

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, type of instrument    Ordinary shares of 1p each

     Identification code               GB00B0D5V538

b)   Nature of the transaction         Contribution of Ordinary Shares received into Rubicon
                                       Investments Limited
c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         29p                        53,030,301




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Rubicon Investments Limited

2    Reason for the notification

a)   Position/status                   A PCA of Anton Bilton, Glyn Hirsch, Mark Sinclair and
                                       Colin Smith, all PDMR’s
b)   Initial notification /Amendment   Initial notification

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, type of instrument    Ordinary shares of 1p each

     Identification code               GB00B0D5V538

b)   Nature of the transaction         Contribution of Ordinary Shares to Raven Holdings
                                       Limited
c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         29p                        53,030,301
d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Raven Holdings Limited

2    Reason for the notification

a)   Position/status                   A PCA of Anton Bilton, Glyn Hirsch, Mark Sinclair and
                                       Colin Smith, all PDMR’s
b)   Initial notification /Amendment   Initial notification

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, type of instrument    Ordinary shares of 1p each

     Identification code               GB00B0D5V538

b)   Nature of the transaction         Contribution of Ordinary Shares received into Raven
                                       Holdings Limited
c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         29p                        53,030,301




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price
e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Sir Richard Jewson

2    Reason for the notification

a)   Position/status                   Director/ PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Cumulative Redeemable Preference Shares of 1p each

     Identification code               GG00B55K7B92

b)   Nature of the transaction         Preference Placing

c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         90.80p                     134,600




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue
1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Lady Sarah Jewson

2    Reason for the notification

a)   Position/status                   A PCA of Sir Richard Jewson, a PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Cumulative Redeemable Preference Shares of 1p each

     Identification code               GG00B55K7B92

b)   Nature of the transaction         Preference Placing

c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         90.80p                     55,000




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Anton Bilton

2    Reason for the notification
a)   Position/status                   Director/ PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Cumulative Redeemable Preference Shares of 1p each

     Identification code               GG00B55K7B92

b)   Nature of the transaction         Preference Placing

c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         90.80p                     3,975,771




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Aurora Europa PCC Limited. Anton Bilton

2    Reason for the notification

a)   Position/status                   A PCA of Anton Bilton, a PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Cumulative Redeemable Preference Shares of 1p each

     Identification code               GG00B55K7B92

b)   Nature of the transaction         Preference Placing

c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         90.80p                     1,024,229




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

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 GVH RAT

2    Reason for the notification

a)   Position/status                   A PCA of Glyn Hirsch, a PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Cumulative Redeemable Preference Shares of 1p each

     Identification code               GG00B55K7B92

b)   Nature of the transaction         Preference Placing

c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         90.8p                      154,185




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

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 GVH 2 RAT

2    Reason for the notification

a)   Position/status                   A PCA of Glyn Hirsch, a PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Cumulative Redeemable Preference Shares of 1p each

     Identification code               GG00B55K7B92

b)   Nature of the transaction         Preference Placing
c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         90.8p                      198,238




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

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 Emisan Trust

2    Reason for the notification

a)   Position/status                   A PCA of Glyn Hirsch, a PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Cumulative Redeemable Preference Shares of 1p each

     Identification code               GG00B55K7B92

b)   Nature of the transaction         Preference Placing

c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         90.80p                     147,577
d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


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 /Amendment   Initial notification

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, type of instrument    Cumulative Redeemable Preference Shares of 1p each

     Identification code               GG00B55K7B92

b)   Nature of the transaction         Preference Placing

c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         90.80p                     165,000




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price
e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Lorier Retirement Annuity Trust

2    Reason for the notification

a)   Position/status                   A PCA of Colin Smith, a PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Cumulative Redeemable Preference Shares of 1p each

     Identification code               GG00B55K7B92

b)   Nature of the transaction         Preference Placing

c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         90.80p                     75,000




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated
a)   Name                              Russell Field

2    Reason for the notification

a)   Position/status                   Director/ PDMR

b)   Initial notification /Amendment   Initial notification

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, type of instrument    Cumulative Redeemable Preference Shares of 1p each

     Identification code               GG00B55K7B92

b)   Nature of the transaction         Preference Placing

c)   Price(s) and volume(s)
                                         Price(s)                   Volume(s)

                                         90.80p                     125,000




d)   Aggregated information


     - Aggregated volume               Not applicable


     - Price

e)   Date of the transaction           11/05/2021

f)   Place of the transaction          Outside of Trading Venue


1    Details of the person discharging managerial responsibilities / person closely
     associated

a)   Name                              Sarah Field

2    Reason for the notification

a)   Position/status                   A PCA of Russell Field, a PDMR

b)   Initial notification /Amendment   Initial notification
          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, type of instrument    Cumulative Redeemable Preference Shares of 1p each

               Identification code               GG00B55K7B92

          b)   Nature of the transaction         Preference Placing

          c)   Price(s) and volume(s)
                                                   Price(s)                   Volume(s)

                                                   90.80p                     125,000




          d)   Aggregated information


               - Aggregated volume               Not applicable


               - Price

          e)   Date of the transaction           11/05/2021

          f)   Place of the transaction          Outside of Trading Venue




11 May 2021
Sponsor
Java Capital
Date: 11-05-2021 12:15:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.