Raven Property Group Limited (LSE:RAV) announces a share repurchase program. Under the program, the company will repurchase up to 30,609,126 Ordinary Shares, representing 6.25% of its issued share capital, for total worth of £11 million. The shares will be repurchased at a price of £0.36 pence per share. The repurchased shares will be held in treasury, cancelled and not available for re-issue. The shares will be repurchased from company's existing cash resources. The company has fixed September 28, 2020, as the record date for the offer. The program is subjected to approval from the shareholders in Extraordinary General Meeting to be held on September 29, 2020. The offer is valid till September 28, 2020. As of September 7, 2020, the company had 489,746,016 ordinary shares, 100,277,220 preference shares and 198,176,868 convertible preference shares in issue.