26th Apr 2006 12:08
Raven Mount plc26 April 2006 Raven Mount plc ("Raven Mount") Result of Raven Russia Limited ("Raven Russia") EGM Raven Mount through its wholly owned subsidiary Raven Russia Property ManagementLimited, acts as property adviser to Raven Russia. Reproduced below is the fulltext of an announcement made today by Raven Russia following its EGM to approvethe placing announced on 31 March 2006. Raven Mount's 2005 preliminary results will be announced on 27 April 2006. Contacts:Anton Bilton, ChairmanBim Sandhu, Chief ExecutiveRaven Mount Plc020 7235 0422 Full text of announcement made today by Raven Russia: Raven Russia Limited ("Raven Russia" or the "Company") As a result of the Extraordinary General Meeting, Raven Russia shareholdersunanimously approved the proposed placing to raise £310 million (beforeexpenses) at 115p per ordinary share and the proposed issue of ordinary sharesto Raven Russia Property Management Limited, the property adviser, payable underthe property advisory agreement. Application has been made for both the269,565,210 new ordinary shares to be issued under the placing and the 2,098,501new ordinary shares to be issued to the property adviser to be admitted totrading on AIM. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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