18th Mar 2010 16:00
RAVEN RUSSIA LIMITED
("Raven Russia" or the "Company")
Treasury share Dealings
In accordance with AIM Rule 17 (Disclosure of Miscellaneous Information) and Schedule 7, the following information falls to be disclosed:
The Remuneration Committee of the Company agreed to transfer 15 million ordinary shares of 1p each in the capital of the Company ("Ordinary Shares"), currently held in treasury, to the Raven Russia Employee Benefit Trust No. 1. These shares will be used to satisfy employee long term incentive plans, details of which will be contained in the annual report and accounts of the Company to be posted to shareholders shortly.
The total number of Ordinary Shares is 515,239,571 of which 4,035,324 are now held in treasury after this transaction.
Enquiries
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Raven Russia Limited |
Tel: +44 (0)1481 71 2955 |
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Anton Bilton / Glyn Hirsch
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Cardew Group Tim Robertson / Catherine Maitland
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Tel: +44 (0)20 7930 0777 |
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Numis Securities Limited (NOMAD, Financial Adviser and Joint Broker to Raven Russia Limited) |
Tel: +44 (0)20 7260 1000 |
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Nick Westlake / Rupert Krefting |
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Related Shares:
RAV.L