Raven Property : Exercise of put option

RAVEN PROPERTY GROUP LIMITED

Incorporated in Guernsey

Company number 43371

LSE share code: RAV JSE share code: RAV

ISIN: GB00B0D5V538

("Raven" or the "Company")

EXERCISE OF PUT OPTION

Shareholders are referred to the SENS announcement of 17 March 2022, wherein the board of Raven (the "Board") announced that it had entered into an arrangement to allow it to divest itself of its Russian business to Prestino Investments Ltd, a Cypriot company, to be owned and controlled by Raven's Russian management team, led by Igor Bogorodov (the "Transaction"), together with the Board's intention to cancel the listings of the Company's shares, which cancellation was approved by Raven shareholders at the general meeting of the Company held on 26 May 2022. The listing of Raven's shares on the London Stock Exchange, The International Stock Exchange and the Moscow Stock Exchange was subsequently cancelled with effect from 28 June 2022.

The Board can now announce the Transaction was completed yesterday and consequently the Company has now disposed of its property portfolio.