Raven Property (“Raven”) updated the market on H2 trading: indicating very little impact on trading performance as a result of the COVID backdrop. In addition, there is an evolution of the investor base with a proposed buyback and placing of Invesco’s stake across both ordinary and preference share classes. The majority have been conditionally placed with a new 50:50 JV formed between Raven and its senior executive team and with 3rd party institutional investors. As joint broker/financial advise ....
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Resilient trading, proposed Invesco placing
- Published:
02 Feb 2021 -
Author:
Andrew Watson -
Pages:
3
Raven Property (“Raven”) updated the market on H2 trading: indicating very little impact on trading performance as a result of the COVID backdrop. In addition, there is an evolution of the investor base with a proposed buyback and placing of Invesco’s stake across both ordinary and preference share classes. The majority have been conditionally placed with a new 50:50 JV formed between Raven and its senior executive team and with 3rd party institutional investors. As joint broker/financial advise ....