Director/PDMR Shareholding

RNS Number : 2671S
NewRiver REIT PLC
15 March 2021
 

15 March 2021

 

NewRiver REIT plc

("NewRiver" or the "Company")

 

Notification of transactions by persons discharging managerial responsibilities and persons closely associated

 

The Company announces that it was notified on 15 March 2021 of the following transactions by Allan Lockhart, Chief Executive Officer:

 

· The sale of 133,745 ordinary shares of one penny each in NewRiver ("Ordinary Shares") at 97.2 pence per Ordinary Share.

· The subsequent purchase of 224,489 Ordinary Shares for his SIPP at 97.58 pence per Ordinary Share .

· Following these two transactions, his shareholding in NewRiver has increased by 90,744 shares to 347,355 Ordinary Shares.

 

The Company further announces that it was notified on 15 March 2021 of the following transactions by Mark Davies, Chief Financial Officer:

 

· The sale of 185,000 ordinary shares of one penny each in NewRiver ("Ordinary Shares") at 96.2 pence per Ordinary Share.

· The subsequent purchase of 185,000 Ordinary Shares for his SIPP at 96.2 pence per Ordinary Share .

· Following these two transactions, his shareholding in NewRiver remains the same at 275,838 Ordinary Shares.

 

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation. The notification of dealing forms can be found below.

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name(s)

Allan Lockhart

2

 

Reason for the notification

a)

Position/status

 

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

 

c)

Price(s) and volume(s)

 Price

 

97.2 pence

Volume

 

133,745

 

 

d)

Currency

 

GBP - British Pound


e)

Aggregated information

 

N/A

f)

Date of the transaction

 

12 March 2021

g)

Place of the transaction

London Stock Exchange

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name(s)

Allan Lockhart

2

 

Reason for the notification

a)

Position/status

 

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

Purchase of shares

 

c)

Price(s) and volume(s)

 Price

 

97.58 pence

Volume

 

224,489

 

 

d)

Currency

 

GBP - British Pound


e)

Aggregated information

 

N/A

f)

Date of the transaction

 

12 March 2021

g)

Place of the transaction

London Stock Exchange

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name(s)

Mark Davies

2

 

Reason for the notification

a)

Position/status

 

Chief Financial 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

 

c)

Price(s) and volume(s)

 Price

 

96.2 pence

Volume

 

185,000

 

 

d)

Currency

 

GBP - British Pound


e)

Aggregated information

 

N/A

f)

Date of the transaction

 

12 March 2021

g)

Place of the transaction

London Stock Exchange

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name(s)

Mark Davies

2

 

Reason for the notification

a)

Position/status

 

Chief Financial 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

Purchase of shares

 

c)

Price(s) and volume(s)

 Price

 

96.20 pence

Volume

 

185,000

 

 

d)

Currency

 

GBP - British Pound


e)

Aggregated information

 

N/A

f)

Date of the transaction

 

12 March 2021

g)

Place of the transaction

London Stock Exchange

 

 

For further information

 

NewRiver REIT plc



+44 (0)20 3328 5800

Kerin Williams (Company Secretary)

Tom Loughran (Head of Investor Relations)




 

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