Last checked at 24 Aug 2017 17:50
24 August 2017
NewRiver REIT plc
("NewRiver" or the "Company")
Notification of transactions by persons discharging managerial responsibilities and persons closely associated
The Company has been notified that, on 24 August 2017, David Lockhart exercised 119,016 nil cost share options which were granted under the NewRiver Retail Limited Performance Share Plan 2009.
In order to cover the associated tax liability, 53,746 shares were sold. David Lockhart has retained the balance of shares, giving him a total shareholding of 1,657,321 ordinary shares.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| David Lockhart | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - Chief Executive Officer | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| NewRiver REIT plc | ||||
b)
| LEI
| 2138004GX1VAUMH66L31 | ||||
4
| 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
|
Ordinary shares of one pence each
GB00BD7XPJ64 | ||||
b)
| Nature of the transaction
| Exercise of 119,016 nil cost share options granted under the NewRiver Retail Limited Performance Share Plan 2009.
Sale of sufficient shares to cover the associated tax liabilities.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
N/a single transaction
| ||||
e)
| Date of the transaction
| 24 August 2017 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||