REG - NewRiver REIT plc - Director/PDMR Shareholding

Newriver ReitAnnouncement

22/06/2020 10:00

RNS Number : 6298Q
  
NewRiver REIT PLC
  
22 June 2020
  
 

NewRiver REIT plc
("NewRiver" or the "Company")
Notification of transactions by persons discharging managerial responsibilities and persons closely associated
 
The Company announces that it was notified of the following transactions by persons discharging managerial responsibilities.
 
On 18 June 2020, Mark Davies exercised 61,044 nil cost share options which were granted in May 2018 under the NewRiver REIT plc Deferred Bonus Plan 2016. 28,793 shares were sold in order to cover the associated tax liability. Mark has retained the balance of 32,251 shares which increases his shareholding to 275,838.
 
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 
 


Mark Davies




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 61,044 nil cost share options granted under the NewRiver REIT plc Deferred Bonus Plan 2016. Sale of sufficient shares to cover the associated tax liabilities.




c) 
 


Price(s) and volume(s) 
 
 


 



Price(s)
 


Volume(s)













 




d) 
 


Aggregated information 
 
 
- Aggregated volume 
- Price 


 
N/a single transaction
 
 
 




e) 
 


Date of the transaction 
 


18 June 2020




f) 
 


Place of the transaction  
 


London Stock Exchange



 
For further information
 



NewRiver REIT plc










+44 (0)20 3328 5800




Tom Loughran (Head of Investor Relations)















 


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DSHSESSWEESSEIM