REG - NewRiver REIT plc - Director/PDMR Shareholding

Newriver ReitAnnouncement

25/07/2018 15:20

RNS Number : 7716V
NewRiver REIT PLC
25 July 2018
 


 
 
NewRiver REIT plc
 
("NewRiver" or the "Company")
 
Notification of transactions by persons discharging managerial responsibilities and persons closely associated
 
The Company has been notified of the following transactions by persons discharging managerial responsibilities.
An award of nil-cost options over the Company's shares was granted to David Lockhart, Executive Deputy Chairman, on 25 July 2018 under the Company's Performance Share Plan 2016 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.
On 20 July 2018, David Lockhart exercised 239,660 nil cost share options which were granted under the NewRiver Retail Limited Deferred Bonus Plan 2015. 226,736 shares were sold and 12,924 shares were retained.
On 20 July 2018, Kay Chaldecott, purchased 35,671 shares at £2.79 each.
This announcement is made in accordance with the requirements of the EU 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
 


David Lockhart




2
 


Reason for the notification
 




a)
 


Position/status
 


PDMR - Executive Deputy Chairman




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 over nil-cost options under the NewRiver REIT plc Performance Share Plan 2016
 




c)
 


Price(s) and volume(s)
 
 


 



Price(s)
 


Volume(s)




 
-


 
160,142



 




d)
 


Aggregated information
 
 
- Aggregated volume
- Price


 
N/a single transaction
 
 
 
 




e)
 


Date of the transaction
 


25 July 2018




f)
 


Place of the transaction  
 


London



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 


David Lockhart




2
 


Reason for the notification
 




a)
 


Position/status
 


PDMR - Executive Deputy Chairman




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 239,660 nil-cost options under the NewRiver REIT plc Performance Share Plan 2016. 226,736 shares were sold.
 




c)
 


Price(s) and volume(s)
 
 


 



Price(s)
 


Volume(s)




 
£2.7944767


 
226,736



 




d)
 


Aggregated information
 
 
- Aggregated volume
- Price


 
N/a single transaction
 
 
 
 




e)
 


Date of the transaction
 


20 July 2018




f)
 


Place of the transaction  
 


London



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 


Kay Chaldecott




2
 


Reason for the notification
 




a)
 


Position/status
 


PDMR - Non Executive Director




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
 
 


Purchase of 35,671 shares.
 




c)
 


Price(s) and volume(s)
 
 


 



Price(s)
 


Volume(s)




 
£2.79


 
35,671



 




d)
 


Aggregated information
 
 
- Aggregated volume
- Price


 
N/a single transaction
 
 
 
 




e)
 


Date of the transaction
 


20 July 2018




f)
 


Place of the transaction  
 


London



 




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