Raven Property Group Limited (LSE:RAV) announces a share repurchase program. Under the program, the company will repurchase up to 18,171,981 Ordinary Shares, representing 3.12% of its issued share capital, for total worth of £7.27 million. The shares will be repurchased at a price of £0.40 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 June 17, 2021, as the record date for the offer. The program is subjected to approval from the shareholders in Annual General Meeting to be held on June 18, 2021. The offer is valid till June 17, 2021. As of May 17, 2021, the company had 581,503,416 ordinary shares, 216,349,228 preference shares and 6,000,000 shares in treasury.