Last checked at 1 Dec 2023 15:46
NewRiver REIT plc
("NewRiver" or the "Company" or the "Group")
EBT Share Purchase Programme
NewRiver announces that Computershare Trustees (Jersey) Limited (the "Trustee"), as Trustee of the NewRiver REIT plc Employee Benefit Trust (the "EBT"), has purchased 661,849 ordinary shares of one penny each in the Company as follows:
Date | Number of Ordinary Shares | Purchase Price | Purchase Price Per Share |
24 November 2023 | 20,740 | £ 18,006.51 | £0.8682 |
27 November 2023 | 20,000 | £ 17,252.50 | £0.8626 |
28 November 2023 | 61,109 | £ 51,942.65 | £0.8500 |
29 November 2023 | 125,000 | £106,750.00 | £0.8540 |
30 November 2023 | 435,000 | £366,342.21 | £0.8422 |
TOTAL | 661,849 | £560,293.87 | £0.8466 |
Following this transaction the EBT balance, when the trades are settled, will be 926,073 ordinary shares of one penny each (representing 0.296% of the Company's issued share capital) which are held unallocated by the EBT.
These purchases mark the commencement of an EBT Share Purchase Programme to satisfy existing, planned and anticipated exercises of awards under the NewRiver employee share schemes or as otherwise permissible within the terms of the EBT Trust Deed. The EBT is a discretionary trust for the benefit of all the Company's Employees.
Further updates in respect of the EBT share purchase programme will be made as required.
Ends
NewRiver REIT plc | +44 (0)20 3328 5800 | ||
Allan Lockhart (Chief Executive) Will Hobman (Chief Financial Officer) |
FGS Global | +44 (0)20 7251 3801 | ||
Gordon Simpson James Thompson |
About NewRiver
NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing resilient retail assets throughout the UK.
Our £0.6 billion UK wide portfolio covers 7 million sq ft and comprises 26 community shopping centres and 12 conveniently located retail parks occupied by tenants predominately focused on essential goods and services. Our objective is to own and manage the most resilient retail portfolio in the UK, focused on retail parks, core shopping centres, and regeneration opportunities in order to deliver long-term attractive recurring income returns and capital growth for our shareholders.
NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR). Visit www.nrr.co.uk for further information.
LEI Number: 2138004GX1VAUMH66L31