REG - NewRiver REIT plc - Rule 2.9 Announcement

Newriver ReitAnnouncement

21/08/2024 14:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240821:nRSU3077Ba&default-theme=true

RNS Number : 3077B  NewRiver REIT PLC  21 August 2024

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM ANY JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH
JURISDICTION.

FOR IMMEDIATE RELEASE

21 August 2024

 

NewRiver REIT plc

("NewRiver" or the "Company")

Rule 2.9 Announcement

 

On 21 June 2024, NewRiver declared a final dividend in respect of the second
half of FY24 of 3.2 pence per Ordinary Share ("Dividend") payable on 16 August
2024 to Shareholders on the register of members at the close of business on 5
July 2024.

 

On 12 August 2024, NewRiver confirmed that, in accordance with the terms of
the scrip dividend scheme ("Scheme"), 1,753,176 ordinary shares of one penny
each in the Company ("Shares") were to be issued to the Official List in
relation to the Dividend.

 

These Shares were admitted to trading on the London Stock Exchange at 8.00
a.m. on 16 August 2024 ("Admission").

 

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers
("Code"), NewRiver confirms that, following Admission, its issued share
capital consisted of 315,439,468 ordinary shares of one penny each with voting
rights, of which 3,317,219 ordinary shares are held in the Employee Benefit
Trust (EBT). Accordingly, the total number of voting rights in the Company is
312,122,249. The Company does not hold any shares in treasury.

 

This figure of 312,122,249 ordinary shares may also be used by shareholders as
the denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

The International Securities Identification Number (ISIN) of the ordinary
shares is GB00BD7XPJ64.

 

For further information

 

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

 

Disclosure Requirements of the Code

 

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of
any class of relevant securities of an offeree company or of any securities
exchange offeror (being any offeror other than an offeror in respect of which
it has been announced that its offer is, or is likely to be, solely in cash)
must make an Opening Position Disclosure following the commencement of the
offer period and, if later, following the announcement in which any securities
exchange offeror is first identified. An Opening Position Disclosure must
contain details of the person's interests and short positions in, and rights
to subscribe for, any relevant securities of each of (i) the offeree company
and (ii) any securities exchange offeror(s). An Opening Position Disclosure by
a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm
(London time) on the 10th business day following the commencement of the offer
period and, if appropriate, by no later than 3.30 pm (London time) on the 10th
business day following the announcement in which any securities exchange
offeror is first identified. Relevant persons who deal in the relevant
securities of the offeree company or of a securities exchange offeror prior to
the deadline for making an Opening Position Disclosure must instead make a
Dealing Disclosure.

 

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1%
or more of any class of relevant securities of the offeree company or of any
securities exchange offeror must make a Dealing Disclosure if the person deals
in any relevant securities of the offeree company or of any securities
exchange offeror. A Dealing Disclosure must contain details of the dealing
concerned and of the person's interests and short positions in, and rights to
subscribe for, any relevant securities of each of (i) the offeree company and
(ii) any securities exchange offeror(s), save to the extent that these details
have previously been disclosed under Rule 8. A Dealing Disclosure by a person
to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London
time) on the business day following the date of the relevant dealing.

 

If two or more persons act together pursuant to an agreement or understanding,
whether formal or informal, to acquire or control an interest in relevant
securities of an offeree company or a securities exchange offeror, they will
be deemed to be a single person for the purpose of Rule 8.3.

 

Opening Position Disclosures must also be made by the offeree company and by
any offeror and Dealing Disclosures must also be made by the offeree company,
by any offeror and by any persons acting in concert with any of them (see
Rules 8.1, 8.2 and 8.4).

 

Details of the offeree and offeror companies in respect of whose relevant
securities Opening Position Disclosures and Dealing Disclosures must be made
can be found in the Disclosure Table on the Takeover Panel's website at
www.thetakeoverpanel.org.uk, (https://www.thetakeoverpanel.org.uk/) including
details of the number of relevant securities in issue, when the offer period
commenced and when any offeror was first identified. You should contact the
Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any
doubt as to whether you are required to make an Opening Position Disclosure or
a Dealing Disclosure.

 

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 £0.54 billion UK wide portfolio covers 5.9 million sq ft and comprises
23 community shopping centres and 12 conveniently located retail parks
occupied by tenants predominately focused on essential goods and services. In
addition we manage 18 retail parks and 21 shopping centres on behalf of
Capital Partners, taking our total Assets Under Management to £2 billion.
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 is listed on the equity shares (commercial companies) segment
("ESCC") of the Official List and admitted to trading 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  RTTPPUBGRUPCGWG