Last checked at 28 Sep 2011 17:45
NewRiver Retail Limited
("NewRiver" or the "Company")
Grant of Options
NewRiver Retail Limited (AIM: NRR), the UK REIT specialising in value-creating retail property investment and asset management, announces that on 26th September 2011 it granted options over a total of 1.3 million ordinary shares of no par value ("Ordinary Shares") in the Company to Directors as detailed below.
Director | Number of options granted | Exercise price | Exercise period | Total number of options held following notification | Total number of Ordinary Shares held |
David Lockhart | 348,000 | 235p | 3 years | 632,286 | 1,610,000 |
Allan Lockhart | 338,000 | 235p | 3 years | 542,686 | 140,000 |
Nick Sewell | 328,000 | 235p | 3 years | 456,696 | 100,000 |
Mark Davies | 286,000 | 235p | 3 years | 350,742 | 10,000 |
- Ends -
For further information:
www.newriverretail.com
NewRiver Retail Limited
David Lockhart Tel: 0203 328 5808
Pelham Bell Pottinger
David Rydell
Rosanne Perry Tel: 0207 861 3232
Cenkos Securities
Ian Soanes
Max Hartley Tel: 0207 397 8900