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Director/PDMR Shareholding

31st Dec 2019 12:15

RNS Number : 4397Y
Raven Property Group Limited
31 December 2019
 

31 December 2019

 

Raven Property Group Limited ("Raven" or the "Company")

 

Five Year Performance Plan ("FYPP")

 

In accordance with the FYPP approved by ordinary shareholders on 12 July 2017 and set out in note 31 to the 2018 Annual Report the Company confirms the following investments by PDMRs of existing listed securities of the Company held by each of them or their associated trusts pursuant to the terms of the Plan:

 

PDMR

Securities invested

Initial Prescribed Value

A Bilton

66,618 preference shares

1,639,404 convertible preference shares

£2.0m

G Hirsch

66,618 preference shares

1,639,404 convertible preference shares

£2.0m

M Sinclair

717,317 ordinary shares

556,907 preference shares

754,162 convertible preference shares

£2.0m

C Smith

837,505 ordinary shares

503,719 preference shares

681,604 convertible preference shares

£1.9m

 

 

Enquiries

 

Raven Property Group Limited

Anton Bilton

Glyn Hirsch

 

Tel: + 44 (0) 1481 712955

Novella Communications (public relations adviser)

Tim Robertson

Fergus Young

 

Tel: +44 (0) 203 151 7008

N+1 Singer (UK joint broker)

Corporate Finance - James Maxwell / James Moat

Sales - Alan Geeves / James Waterlow

 

Tel: +44 (0) 20 7496 3000

Numis Securities Limited (UK joint broker)

Alex Ham / Jamie Loughborough / Alasdair Abram

 

Tel: + 44 (0) 207 260 1000

Renaissance Capital (South African broker)

Yvette Labuschagne

 

Tel: +27 (11) 750 1448

Renaissance Capital (Russian broker)

David Pipia

 

Tel: + 7 495 258 7770

Ravenscroft (TISE sponsor)

Emma Ozanne

 

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 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. 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: www.theravenpropertygroup.com

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 

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

 

 

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

 

Identification code

 

 

Ordinary shares of 1p each

GB00B0D5V538

 

b)

 

Nature of the transaction

 

 

Investment in FYPP

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

n/a

 

Such number of ordinary shares as arises in accordance with the conditions set out in the rules of the Plan. Vested entitlements will be settled after March 2023.

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

Not applicable

 

 

 

e)

 

Date of the transaction

 

 

30/12/19

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

 

Identification code

 

 

Ordinary shares of 1p each

GB00B0D5V538

 

b)

 

Nature of the transaction

 

 

Investment in FYPP

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

n/a

 

Such number of ordinary shares as arises in accordance with the conditions set out in the rules of the Plan. Vested entitlements will be settled after March 2023.

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

Not applicable

 

 

 

e)

 

Date of the transaction

 

 

30/12/19

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

 

Identification code

 

 

Ordinary shares of 1p each

GB00B0D5V538

 

b)

 

Nature of the transaction

 

 

Investment in FYPP

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

n/a

 

Such number of ordinary shares as arises in accordance with the conditions set out in the rules of the Plan. Vested entitlements will be settled after March 2023.

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

Not applicable

 

 

 

e)

 

Date of the transaction

 

 

30/12/19

f)

 

Place of the transaction

 

 

Outside of Trading Venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Raven Russia Defined Contribution Executive Guernsey Pension Scheme.

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PCA of Mark Sinclair, 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

 

Identification code

 

 

Ordinary shares of 1p each

GB00B0D5V538

 

b)

 

Nature of the transaction

 

 

Investment in FYPP

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

n/a

 

Such number of ordinary shares as arises in accordance with the conditions set out in the rules of the Plan. Vested entitlements will be settled after March 2023.

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

Not applicable

 

 

 

e)

 

Date of the transaction

 

 

30/12/19

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

 

Identification code

 

 

Ordinary shares of 1p each

GB00B0D5V538

 

b)

 

Nature of the transaction

 

 

Investment in FYPP

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

n/a

 

Such number of ordinary shares as arises in accordance with the conditions set out in the rules of the Plan. Vested entitlements will be settled after March 2023.

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

Not applicable

 

e)

 

Date of the transaction

 

 

30/12/19

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 Lorier Discretionary Trust

2

 

Reason for the notification

 

a)

 

Position/status

 

 

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

 

Identification code

 

 

Ordinary shares of 1p each

GB00B0D5V538

 

b)

 

Nature of the transaction

 

 

Investment in FYPP

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

n/a

 

Such number of ordinary shares as arises in accordance with the conditions set out in the rules of the Plan. Vested entitlements will be settled after March 2023.

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

Not applicable

 

 

 

e)

 

Date of the transaction

 

 

30/12/19

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

 

 

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

 

Identification code

 

 

Ordinary shares of 1p each

GB00B0D5V538

 

b)

 

Nature of the transaction

 

 

Investment in FYPP

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

n/a

 

Such number of ordinary shares as arises in accordance with the conditions set out in the rules of the Plan. Vested entitlements will be settled after March 2023.

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

Not applicable

 

 

 

e)

 

Date of the transaction

 

 

30/12/19

f)

 

Place of the transaction

 

 

Outside of Trading Venue

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHLLFIFFALLVIA

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