17th Apr 2015 15:00
Raven Russia Limited ("Raven Russia" or the "Company")
Directors' Dealings
Pursuant to Disclosure and Transparency Rule 3.1.2 the following information falls to be disclosed:
Further to the Company's announcement on 15 April 2015 confirming vesting of the awards under the Combined Bonus and Long Term Incentive Scheme 2012 to 2014, the Company was notified today that the following directors have sold ordinary shares in the capital of the Company ("Ordinary Shares") to meet tax liabilities that fall due as a result of the awards vesting:
Name of Director | Trade date | Number of Ordinary Shares sold | Price per Ordinary Share | Interest in Ordinary Shares | Percentage of issued Ordinary Shares |
Colin Smith | 16 April 2015 | 131,531 | 49.75p | 1,580,597 | 0.2143% |
Glyn Hirsch | 17 April 2015 | 225,926 | 50p | 8,690,302 | 1.1781% |
Mark Sinclair | 17 April 2015 | 150,000 | 50p | 3,901,348 | 0.5289% |
Enquiries
Raven Russia Limited Tel: + 44 (0) 1481 712955
Anton Bilton
Glyn Hirsch
Novella Communications Tel: +44 (0) 203 151 7008
Tim Robertson
Ben Heath
N+1 Singer Tel: +44 (0) 20 7496 3000
Corporate Finance - James Maxwell
Sales - Alan Geeves / James Waterlow
Barclays Bank Plc
Tom Boardman / Tom Macdonald Tel: +44 (0) 20 7623 2323
About Raven Russia
Raven Russia 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 with a market capitalisation of approximately £365 million. The Company operates out of offices in Guernsey, Moscow and Cyprus and has to date completed a portfolio of circa 1.5 million square metres of Grade "A" warehouses in Moscow, St Petersburg, Rostov-on-Don and Novosibirsk. For further information visit the Company's website: www.ravenrussia.com
Related Shares:
RAV.L