Director/PDMR Shareholding

Newriver Reit

10/09/2025 17:11

RNS Number : 8509Y

NewRiver REIT PLC

10 September 2025

 

NewRiver REIT plc

("NewRiver" or the "Company")

Notification of transactions by persons discharging managerial responsibilities

The Company announces that on 9 September 2025, Will Hobman, Chief Financial Officer and Director of the Company, exercised 140,439 nil cost options which were granted in June 2023 under the Company's Deferred Bonus Plan.

66,339 Ordinary shares were sold in order to cover the associated tax liability. The exercise of the nil-cost options has been satisfied through the transfer of existing Shares held by the Employee Benefit Trust and, as such, no new Shares have been issued in connection with the option exercise.

Following this exercise, Will Hobman has a beneficial interest in 569,871 Ordinary Shares, increased by 74,100 Ordinary Shares from 495,771 Ordinary Shares prior to the exercise.

This announcement is made in accordance with the requirements of the UK 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
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
Exercise of 140,439 nil cost share options granted under the NewRiver REIT plc Deferred Bonus Plan 2016. Sale of66,339shares to cover the associated tax liabilities
c)
Price(s) and volume(s)
Price(s)
Volume(s)
70.25 pence
66,339
d)
Aggregated information
- Aggregated volume
- Price
N/a single transaction
e)
Date of the transaction
9 September 2025
f)
Place of the transaction
London Stock Exchange

 

 

 

For further information

 

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


 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
DSHSFUFMSEISESU