Grant of Options

RNS Number : 1420P

NewRiver Retail Limited

28 September 2011

 



NewRiver Retail Limited

("NewRiver" or the "Company")

Grant of Options

NewRiver Retail Limited (AIM: NRR), the UK REIT specialising in value-creating retail property investment and asset management, announces that on 26^th  September 2011 it granted options over a total of 1.3 million ordinary shares of no par value ("Ordinary Shares") in the Company to Directors as detailed below.

Director	Number of options granted	Exercise price	Exercise period	Total number of options held following notification	Total number of Ordinary Shares held
David Lockhart	348,000	235p	3 years	632,286	1,610,000
Allan Lockhart	338,000	235p	3 years	542,686	140,000
Nick Sewell	328,000	235p	3 years	456,696	100,000
Mark Davies	286,000	235p	3 years	350,742	10,000

- Ends -

For further information:

www.newriverretail.com

NewRiver Retail Limited                                                                             

David Lockhart                                                                                                                  Tel: [phone]

Pelham Bell Pottinger                                                                                                  

David Rydell

Rosanne Perry                                                                                                                  Tel: [phone]

Cenkos Securities                                                                                                           

Ian Soanes

Max Hartley                                                                                                                       Tel: [phone]

 

END

 

 

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