REG - NewRiver REIT plc - Director/PDMR Shareholding

Newriver ReitAnnouncement

26/09/2024 16:30

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RNS Number : 8743F  NewRiver REIT PLC  26 September 2024

26 September 2024

 

 

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 25 September 2024 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 25 September
2024 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

                                                                   Ordinary shares of one penny each

      Identification code

                                                                    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       587,144 (under the PSP)

                                                                             150,930 (under the DBP)

                                                                   Nil

 
 d)   Aggregated information

                                                                   N/a single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      25 September 2024

 f)   Place of the transaction                                     Off-market

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

N/a single transaction

 

 

 

 

e)

 

Date of the transaction

 

25 September 2024

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

                                                                   Ordinary shares of one penny each

      Identification code

                                                                    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       406,004 Under the PSP

                                                                   Nil       104,366 (under the DBP)

 
 d)   Aggregated information

                                                                   N/a single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      25 September 2024

 f)   Place of the transaction                                     Off-market

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

N/a single transaction

 

 

 

 

e)

 

Date of the transaction

 

25 September 2024

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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