REG - NewRiver REIT plc - EBT Share Purchase Programme

Newriver ReitAnnouncement

01/12/2023 16:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231201:nRSA4531Va&default-theme=true

RNS Number : 4531V  NewRiver REIT PLC  01 December 2023

NewRiver REIT plc

("NewRiver" or the "Company" or the "Group")

 

EBT Share Purchase Programme

 

NewRiver announces that Computershare Trustees (Jersey) Limited (the
"Trustee"), as Trustee of the NewRiver REIT plc Employee Benefit Trust (the
"EBT"), has purchased  661,849 ordinary shares of one penny each in the
Company as follows:

 Date              Number of Ordinary Shares  Purchase Price  Purchase Price Per Share
 24 November 2023   20,740                    £ 18,006.51     £0.8682
 27 November 2023   20,000                    £ 17,252.50     £0.8626
 28 November 2023   61,109                    £ 51,942.65     £0.8500
 29 November 2023  125,000                    £106,750.00     £0.8540
 30 November 2023  435,000                    £366,342.21     £0.8422
 TOTAL             661,849                    £560,293.87     £0.8466

 

Following this transaction the EBT balance, when the trades are settled, will
be 926,073 ordinary shares of one penny each (representing 0.296% of the
Company's issued share capital) which are held unallocated by the EBT.

These purchases mark the commencement of an EBT Share Purchase Programme to
satisfy existing, planned and anticipated exercises of awards under the
NewRiver employee share schemes or as otherwise permissible within the terms
of the EBT Trust Deed. The EBT is a discretionary trust for the benefit of all
the Company's Employees.

Further updates in respect of the EBT share purchase programme will be made as
required.

 

Ends

 NewRiver REIT plc                           +44 (0)20 3328 5800
 Allan Lockhart (Chief Executive)

 Will Hobman (Chief Financial Officer)

 

 FGS Global           +44 (0)20 7251 3801
 Gordon Simpson

 James Thompson

 

 

About NewRiver

 

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust
specialising in buying, managing and developing resilient retail assets
throughout the UK.

 

Our £0.6 billion UK wide portfolio covers 7 million sq ft and comprises 26
community shopping centres and 12 conveniently located retail parks occupied
by tenants predominately focused on essential goods and services. Our
objective is to own and manage the most resilient retail portfolio in the UK,
focused on retail parks, core shopping centres, and regeneration opportunities
in order to deliver long-term attractive recurring income returns and capital
growth for our shareholders.

 

NewRiver has a Premium Listing on the Main Market of the London Stock Exchange
(ticker: NRR). Visit www.nrr.co.uk for further information.

 

LEI Number: 2138004GX1VAUMH66L31

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCEFLFBXLLXFBV