EBT Share Purchase Programme

NewRiver REIT PLC
08 December 2023
 

NewRiver REIT plc

("NewRiver" or the "Company" or the "Group")

 

EBT Share Purchase Programme

 

NewRiver announces that Computershare Trustees (Jersey) Limited (the "Trustee"), as Trustee of the NewRiver REIT plc Employee Benefit Trust (the "EBT"), has purchased 2,749,410 ordinary shares of one penny each in the Company as follows:

Date

Number of Ordinary Shares

Purchase Price

Purchase Price Per Share

01/12/2023

     70,000

£60,900

£0.870

04/12/2023

2,679,410

£2,353,513

£0.878

TOTAL

2,749,410

£2,414,413

£0.878

 

Following this transaction the EBT balance, once the trades are settled, will be 3,500,764 ordinary shares of one penny each (representing 1.12% of the Company's issued share capital) which are held unallocated by the EBT.

These purchases mark the completion of the EBT Share Purchase Programme to satisfy existing, planned and anticipated exercises of awards under the NewRiver employee share schemes or as otherwise permissible within the terms of the EBT Trust Deed. The EBT is a discretionary trust for the benefit of all the Company's Employees.

 

Ends

NewRiver REIT plc



+44 (0)20 3328 5800

Allan Lockhart (Chief Executive)

Will Hobman (Chief Financial Officer)




 

FGS Global



+44 (0)20 7251 3801

Gordon Simpson

James Thompson




 

 

About NewRiver

 

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing resilient retail assets throughout the UK.

 

Our £0.6 billion UK wide portfolio covers 7 million sq ft and comprises 26 community shopping centres and 12 conveniently located retail parks occupied by tenants predominately focused on essential goods and services. Our objective is to own and manage the most resilient retail portfolio in the UK, focused on retail parks, core shopping centres, and regeneration opportunities in order to deliver long-term attractive recurring income returns and capital growth for our shareholders.

 

NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR). Visit www.nrr.co.uk for further information.

 

LEI Number: 2138004GX1VAUMH66L31

 

 

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