Last checked at 17 Jul 2015 17:25
NewRiver Retail Limited
("NewRiver" or the "Company")
Notification of transactions by directors and Total Voting Rights
Following the admission of 50,000,000 new ordinary shares of no par value to trading on AIM on 17 July 2015, the Company was advised that the directors stated below had acquired shares under the Placing at a price of 300 pence per share:
Director | Number of shares acquired | Total number of shares now held | Percentage of total voting rights |
David Lockhart | 42,000 | 1,722,000 | 0.96 |
Allan Lockhart | 33,333 | 262,560 | 0.15 |
Mark Davies | 12,000 | 30,000 | 0.02 |
Nicholas Sewell | 3,333 | 114,833 | 0.06 |
Following admission this morning, the Company's share capital consists of 180,227,456 ordinary shares of no par value each, of which 479,345 are held in treasury. The total number of voting rights in the Company, excluding treasury shares, is therefore 179,748,111.
The above figure (179,748,111) may be used by shareholders as the denominator for the calculations by which they will be determine if they are required to notify their interest in, or a change to their interest in, NewRiver under the FCA's Disclosure and Transparency Rules.
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NewRiver Retail Limited David Lockhart, Chief Executive Mark Davies, Finance Director | Tel: 020 3328 5800 |
Bell Pottinger David Rydell / James Newman / David Bass | Tel: 020 3772 2500 |
Liberum Richard Crawley / Jamie Richards | Tel: 020 3100 2000 |
Peel Hunt LLP Capel Irwin / Alex Vaughan / Hugh Preston | Tel: 020 7418 8900 |
About NewRiver
NewRiver Retail Limited is an AIM listed REIT. The Company is a specialist real estate investor and asset manager focused solely on UK retail with a particular focus on food and value retailing. NewRiver Retail was named Property Company of the Year - Retail & Leisure at the Estates Gazette Awards at the close of 2014.
The management team, with over 100 years combined experience in the UK commercial property market, actively engages with retailers, stakeholders and consumers. NewRiver Retail is one of the UK's largest shopping centre owner/managers with assets under management of £848 million principally comprising 29 UK wide shopping centres, further nationwide retail assets and a portfolio of 202 public houses principally suitable for conversion to alternative uses. The portfolio has 1,377 occupiers, a total of over 5.5 million sq ft, total annual footfall of over 121 million and a retail occupancy rate of 96 per cent.
The Company's activities include active and entrepreneurial asset management and risk-controlled development, utilising both its own balance sheet and co-investment joint venture structures.
Founded in 2009, NewRiver has become the UK's leading retail-focused property investment business. The Company's shares were admitted to London's AIM in September of the same year. For more information on NewRiver, please visit www.nrr.co.uk .