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Preference Share Dividend

15th Nov 2012 07:00

RNS Number : 1520R
Raven Russia Limited
15 November 2012
 



15 November 2012

 

RAVEN RUSSIA LIMITED ("Raven Russia" or the "Company")

 

Preference Share Dividend

 

 

The Directors of the Company confirm that the quarterly payment of the preference dividend in respect of the Preference Shares will be made, in accordance with their terms, on 2 January 2013 in respect of the period from 30 September 2012 to (but excluding) 31 December 2012. The record date for the payment of the preference dividend for all Preference Shares is 23 November 2012 with an ex-dividend date of 21 November 2012.

 

The Preference Shares will be entitled to a gross dividend of 3 pence per Preference Share.

 

A scrip dividend alternative (to be settled in Preference Shares) will also be available for all preference shareholders in respect of the preference dividend.

 

The scrip dividend circular will be available on the Investor section of the Company's website (www.ravenrussia.com), and will also be available for viewing on the national storage mechanism (www.hemscott.com/nsm). Letters notifying the holders of Preference Shares of the presence of the scrip dividend circular on the Company's website and how to access it will be sent on or around 29 November 2012. The last date for receipt of completed forms of election (in accordance with the terms thereof) will be 14 December 2012.

 

The Directors of the Company also confirm the 2013 preference dividend timetable as outlined below:

 

March 2013

June 2013

September 2013

December 2013

Announcement of dividend by

14 February

16 May

15 August

14 November

XD Date

20 February

22 May

21 August

20 November

Record date

22 February

24 May

23 August

22 November

Posting of circular

28 February

30 May

29 August

28 November

Final date for election

15 March

14 June

13 September

13 December

Dividend payment date

2 April

1 July

30 September

31 December

 

Enquiries

 

Raven Russia Limited Tel: + 44 (0) 1481 712955

Anton Bilton

Glyn Hirsch

 

Cardew Group Tel: + 44 (0) 207 930 0777

Tim Robertson

Alexandra Stoneham

 

N+1 Singer Tel: +44 (0) 20 7496 3000

Corporate Finance- James Maxwell

Sales - Alan Geeves / James Waterlow

 

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 £400 million. The company operates out of offices in Guernsey, Moscow and Cyprus and has to date completed a portfolio of circa 1.3 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

This information is provided by RNS
The company news service from the London Stock Exchange
 
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