Last checked at 7 Apr 2011 10:30
7 April 2011
NewRiver Retail Limited ("NewRiver" or "the Company")
Disclosure of Interest
NewRiver Retail Limited has today been informed that as of close of business on 4 April 2011 , UBS Wealth Management and Business Bank holdings have fallen below the notifiable threshold in the Company's shares.
- ends -
For further information
NewRiver Retail Limited Tel: 020 3328 5808
David Lockhart, Chief Executive
Pelham Bell Pottinger Tel: 020 7861 3232
David Rydell/Rosanne Perry
Cenkos Securities
Ian Soanes/Max Hartley Tel: 020 7397 8900
About NewRiver
NewRiver Retail Limited is a REIT status specialist real estate investor and asset manager focusing solely on the UK retailing sector with a particular focus on food and value retailing. The management team, led by David Lockhart, have more than 75 years' combined experience in UK commercial property markets. With more than £165 million of assets under management 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. It is NewRiver's intention to become one of the leading sector-focused value-creating property investment businesses operating in the UK retail sector. The Company was founded in 2009 and its shares were admitted to London's AIM and Channel Islands Stock Exchange (CISX) in September of the same year. For more information on NewRiver, please visit www.nrr.com