Raven Property Group Limited (LSE:RAV) announces a share repurchase program. Under the program, the company will repurchase up to 11,621,569 shares, representing 2.27% of its issued share capital for a total of £6.39 million. The shares will be repurchased at a price of £0.55 pence per share. The repurchased shares will be cancelled. If more than 11,621,569 shares are properly tendered and not properly withdrawn prior to the expiration date of the offer, then the company will repurchase the shares on a pro rata basis. The company has fixed November 7, 2019, as the record date for the offer. The offer is subject to approval from the shareholders at the Extraordinary General Meeting to be held on November 8, 2019. The offer will expire on November 7, 2019, unless extended. As at October 7, 2019, the company had 511,349,072 issued shares.