Director/PDMR Shareholding

RNS Number : 1817B
NewRiver REIT PLC
28 January 2020
 

NewRiver REIT plc

 

("NewRiver" or the "Company")

 

Notification of Transaction of Persons Discharging Managerial Responsibilities ("PDMR") and persons closely associated

 

The Company announces that it was notified on 27 January 2020 that, in accordance with the terms of a divorce settlement, Melanie Lockhart, spouse of Allan Lockhart, Chief Executive Officer and Director of the Company, sold 148,750 ordinary shares of one penny each ("Ordinary Shares") in NewRiver at 190 pence per Ordinary Share on 27 January 2020.

 

The notification is made in accordance with the EU Market Abuse Regulation.

 

 

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name(s)

Melanie Lockhart (Person Closely Associated)

2

 

Reason for the notification

a)

Position/status

 

Spouse of Allan Lockhart, 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 in order to fulfil a personal financial commitment forming part of a divorce settlement.

 

c)

Price(s) and volume(s)

 Price

 

190 pence

Volume

 

148,750

 

 

d)

Currency

 

GBP - British Pound

 

e)

Aggregated information

 

N/A

f)

Date of the transaction

 

27 January 2020

g)

Place of the transaction

London Stock Exchange

 

 

 


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END
 
 
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