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DIRECTOR DEALINGS: Raven Russia Says Bilton-Linked Trusts Exercise Warrants

1st Oct 2014 17:28

LONDON (Alliance News) - Raven Russia Ltd Wednesday said that The Bilton Family Discretionary Settlement, of which Anton Bilton, executive deputy chairman, is trustee, and The Cassian and Lily Bilton Trust, a trust of which Bilton's immediate family are beneficiaries, exercised 472,000 and 120,000 warrants to subscribe for ordinary shares.

Following Tuesday's transactions, the beneficial interest of Anton Bilton and his immediate family is 56.6 million ordinary shares, representing 7.5122% of the company's issued ordinary share capital and 11.5 million warrants.

Raven Russia shares Wednesday closed flat at 64.75 pence.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2014 Alliance News Limited. All Rights Reserved.


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