Last checked at 15 Mar 2021 11:02
15 March 2021
NewRiver REIT plc
("NewRiver" or the "Company")
Notification of transactions by persons discharging managerial responsibilities and persons closely associated
The Company announces that it was notified on 15 March 2021 of the following transactions by Allan Lockhart, Chief Executive Officer:
· The sale of 133,745 ordinary shares of one penny each in NewRiver ("Ordinary Shares") at 97.2 pence per Ordinary Share.
· The subsequent purchase of 224,489 Ordinary Shares for his SIPP at 97.58 pence per Ordinary Share.
· Following these two transactions, his shareholding in NewRiver has increased by 90,744 shares to 347,355 Ordinary Shares.
The Company further announces that it was notified on 15 March 2021 of the following transactions by Mark Davies, Chief Financial Officer:
· The sale of 185,000 ordinary shares of one penny each in NewRiver ("Ordinary Shares") at 96.2 pence per Ordinary Share.
· The subsequent purchase of 185,000 Ordinary Shares for his SIPP at 96.2 pence per Ordinary Share.
· Following these two transactions, his shareholding in NewRiver remains the same at 275,838 Ordinary Shares.
This announcement is made in accordance with the requirements of the EU Market Abuse Regulation. The notification of dealing forms can be found below.
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name(s) | Allan Lockhart | |
2
| Reason for the notification | ||
a) | Position/status
| 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 | Ordinary Shares of one penny each
Identification code: GB00BD7XPJ64
| |
b) | Nature of the transaction | Sale of shares
| |
c) | Price(s) and volume(s) | Price
97.2 pence | Volume
133,745
|
d) | Currency
| GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 12 March 2021 | |
g) | Place of the transaction | London Stock Exchange | |
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name(s) | Allan Lockhart | |
2
| Reason for the notification | ||
a) | Position/status
| 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 | Ordinary Shares of one penny each
Identification code: GB00BD7XPJ64
| |
b) | Nature of the transaction | Purchase of shares
| |
c) | Price(s) and volume(s) | Price
97.58 pence | Volume
224,489
|
d) | Currency
| GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 12 March 2021 | |
g) | Place of the transaction | London Stock Exchange | |
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name(s) | Mark Davies | |
2
| Reason for the notification | ||
a) | Position/status
| Chief Financial 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 | Ordinary Shares of one penny each
Identification code: GB00BD7XPJ64
| |
b) | Nature of the transaction | Sale of shares
| |
c) | Price(s) and volume(s) | Price
96.2 pence | Volume
185,000
|
d) | Currency
| GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 12 March 2021 | |
g) | Place of the transaction | London Stock Exchange | |
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name(s) | Mark Davies | |
2
| Reason for the notification | ||
a) | Position/status
| Chief Financial 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 | Ordinary Shares of one penny each
Identification code: GB00BD7XPJ64
| |
b) | Nature of the transaction | Purchase of shares
| |
c) | Price(s) and volume(s) | Price
96.20 pence | Volume
185,000
|
d) | Currency
| GBP - British Pound | |
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 12 March 2021 | |
g) | Place of the transaction | London Stock Exchange | |
For further information
NewRiver REIT plc | +44 (0)20 3328 5800 | ||
Kerin Williams (Company Secretary) Tom Loughran (Head of Investor Relations) |