Directorate Change

RNS Number : 9897B

NewRiver REIT PLC

10 April 2017

 

10 April 2017

NewRiver REIT plc

("the Company")

DIRECTORATE CHANGE

Further to the Company's announcement on 10 January 2017, the Company confirms that Chris Taylor has stepped down as a Non-Executive Director, effective from 9 April 2017.

Alastair Miller, a current independent Non-Executive Director on the Board, has been appointed as Chairman of the Company's Audit Committee to replace Chris in this role.

The Company has appointed Spencer Stuart, a firm of executive search agents, to assist it in the recruitment of a new Non-Executive Director and the search process is progressing. The Company will update the market on the appointment of a suitable candidate in due course.

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About NewRiver

NewRiver REIT plc (ticker: NRR) is a premium listed REIT on the London Stock Exchange and a constituent of the FTSE 250 and EPRA Indices. The Company is a specialist real estate investor, asset manager and developer focused solely on the UK retail and leisure sector.

Founded in 2009, NewRiver is one of the UK's largest owner/managers of convenience-led shopping centres with assets under management of £1.3 billion principally comprising 33 UK wide shopping centres together with further nationwide retail and leisure assets. The portfolio totals over 8 million sq. ft. with over 2,000 occupiers, an annual footfall of 150 million and a retail occupancy rate of 97 per cent. Visit nrr.co.uk for further information.

For further information

NewRiver REIT plc	[phone]
David Lockhart (Chief Executive)
Mark Davies (Chief Financial Officer)
Will Hobman (Head of Investor Relations)
Bell Pottinger	[phone]
David Rydell
David Bass
Eve Kirmatzis

 

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