Expiry and Delisting of Warrants
Raven Property Group Limited
Incorporated in Guernsey
Company number 43371
LSE share code: RAV; JSE share code: RAV
(‘Raven’ or the ‘Company’)
Expiry and Delisting of Warrants
The Company has today sent a letter to Warrantholders reminding them that each Warrant confers to the
Warrantholder the right to subscribe for one Ordinary Share at a fixed price of 25p at any time up to (and
including) 25 March 2019.
The letter is being sent to Warrantholders in accordance with the conditions of their issue and should not
be construed as a recommendation to Warrantholders to exercise their Warrants.
Pursuant to Listing Rule 5.2.8, the Company announces that, following the expiry of the Warrants, it
intends to cancel the listing of its Warrants on the standard listing segment of the Official List of the
Financial Conduct Authority which will result in cancellation of trading on the London Stock Exchange
(together ‘Cancellation’). The Warrants will also be delisted from the Official List of The International
Stock Exchange. The delisting and Cancellation are expected to take effect at 8.00am on 26 March 2019.
The information contained in this announcement should be read in conjunction with the full text of the
Warrant Instrument which can be found on the Company’s website
Capitalised terms used in this announcement shall, unless the context otherwise requires, bear the
meaning given to them in the Warrant Instrument.
11 February 2019
JSE Sponsor: Rencap Securities (Pty) Limited
Raven Property Group Limited Tel: + 44 (0) 1481 712955
Novella Communications Tel: +44 (0) 203 151 7008
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
Renaissance Capital (Moscow) Tel: + 7 495 258 7770
Ravenscroft 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, 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 1.9 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:
Date: 11/02/2019 09:00:00 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.