17 March 2020Raven Property Group Limited (“Raven” or the “Company”)Director’s DealingPursuant to Disclosure Guidance and Transparency Rule 3.1.2-A, the following information falls to be disclosed: The Company was notified today that a trust of which Anton Bilton, Executive Deputy Chairman is interested, transferred 251,402 cumulative redeemable preference shares of 1p each in the capital of the Company (“Preference Shares”) to his daughter Lily Bilton.Following this transaction, Anton Bilton and his immediate family have a beneficial interest in 4,701,953 Preference Shares being 4.70% of the total Preference Shares in issue.EnquiriesRaven Property Group LimitedAnton BiltonGlyn HirschTel: + 44 (0) 1481 712955Novella Communications (public relations adviser)Tim RobertsonFergus YoungTel: +44 (0) 203 151 7008N+1 Singer (UK joint broker)Corporate Finance - James Maxwell / James MoatSales - Alan Geeves / James WaterlowTel: +44 (0) 20 7496 3000  Numis Securities Limited (UK joint broker)Alex Ham / Jamie Loughborough / Alasdair AbramTel: + 44 (0) 207 260 1000Renaissance Capital (South African broker)Yvette LabuschagneTel: +27 (11) 750 1448Renaissance Capital (Russian broker)David PipiaTel: + 7 495 258 7770Ravenscroft (TISE sponsor)Emma OzanneTel: + 44 (0) 1481 729100About Raven Property Group Raven Property Group Limited was founded in 2005 to invest in class A warehouse complexes in Russia and lease to Russian and International tenants. Its Ordinary Shares and preference shares are listed on the Main Market of the London Stock Exchange and admitted to the Official List of the UK Listing Authority and the Official List of The International Stock Exchange (“TISE”). Its Ordinary Shares also have a secondary listing on the main board of the Johannesburg Stock Exchange and the Moscow Stock Exchange. Its convertible preference shares are admitted to the Official List of TISE and to trading on the SETSqx market of the London Stock Exchange. The Group operates out of offices in Guernsey, Moscow and Cyprus and has an investment portfolio of circa 1.9 million square metres of Grade "A" warehouses in Moscow, St Petersburg, Rostov-on-Don, Novosibirsk and Nizhny Novgorod and 49,000 square metres of commercial office space in St Petersburg. For further information visit the Company’s website: www.theravenpropertygroup.comNotification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them1 Details of the person discharging managerial responsibilities / person closely associated a) Name The Cassian and Lily Bilton Trust2 Reason for the notification a) Position/status PCA of Anton Bilton, a PDMRb) Initial notification /Amendment Initial notification3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Raven Property Group Limitedb) LEI 213800YJ5HI5CBXCYJ654 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Identification code Cumulative Redeemable Preference Shares of 1p eachGG00B55K7B92b) Nature of the transaction Transfer to a family memberc) Price(s) and volume(s) Price(s)n/aVolume(s)251,402d) Aggregated information - Aggregated volume - Price Not applicable - single transactione) Date of the transaction 17/03/2020f) Place of the transaction London Stock Exchange (XLON)