Director/PDMR Shareholding

Newriver Reit

02/07/2025 16:28

RNS Number : 4810P

NewRiver REIT PLC

02 July 2025

 

2 July 2025

 

 

NewRiver REIT plc

 

("NewRiver" or the "Company")

 

 

Notification of transactions by persons discharging managerial responsibilities

 

The Company announces the awards of:

1.   Nil-cost options over the Company's shares, granted to Executive Directors on 1 July 2025 under the Company's Performance Share Plan 2016 ('PSP') as shown below. Vesting of the awards is subject to the Company's total shareholder return and total accounting return performance conditions measured over a three-year period. Once vested, the awards must be held for a further two years before they can be exercised.

2.   Deferred bonus shares, granted to Executive Directors on 1 July 2025 under the Company's Deferred Bonus Plan 2016  ('DBP') as shown below. Vesting of the awards is subject to continued employment at the date of vesting in two years' time.

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Allan Lockhart
2
Reason for the notification
a)
Position/status
PDMR - 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, type of instrument
Identification code
Ordinary shares of one penny each
GB00BD7XPJ64
b)
Nature of the transaction
· Award of nil-cost options under the NewRiver REIT plc Performance Share Plan 2016.
· Award of deferred bonus shares under the NewRiver REIT plc Deferred Bonus Plan 2016
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
1,014,148 (under the PSP)
209,280 (under the DBP)
Nil
d)
Aggregated information
- Aggregated volume
- Price
N/a single transaction
e)
Date of the transaction
1 July 2025
f)
Place of the transaction
Off-market

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Will Hobman
2
Reason for the notification
a)
Position/status
PDMR - 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, type of instrument
Identification code
Ordinary shares of one penny each
GB00BD7XPJ64
b)
Nature of the transaction
· Award of nil-cost options under the NewRiver REIT plc Performance Share Plan 2016.
· Award of deferred bonus shares under the NewRiver REIT plc Deferred Bonus Plan 2016
c)
Price(s) and volume(s)
Price(s)
Nil
Nil
Volume(s)
701,275 Under the PSP
144,716 (under the DBP)
d)
Aggregated information
- Aggregated volume
- Price
N/a single transaction
e)
Date of the transaction
1 July 2025
f)
Place of the transaction
Off-market

 

For further information

 

NewRiver REIT plc
+44 (0)20 3328 5800
Kerin Williams (Company Secretary)


 

 

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