Source - RNS
RNS Number : 0138J
NewRiver REIT PLC
23 June 2017
 

23 June 2017

 

NewRiver REIT plc

 

("NewRiver" or the "Company")

 

Notification of transactions by persons discharging managerial responsibilities and persons closely associated

 

The Company announces that awards of nil-cost options over the Company's shares were granted to Executive Directors and Persons Discharging Managerial Responsibilities on 22 June 2017 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. Once vested, the awards have to be held for a further two years before they can be exercised.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

David 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

 

Identification code

 

 

Ordinary shares of one pence 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)

 

Nil

 

129,983

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

N/a single transaction

 

 

 

 

e)

 

Date of the transaction

 

22 June 2017

f)

 

Place of the transaction  

 

London

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Allan Lockhart

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR - Property 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 pence 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)

 

Nil

 

122,761

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

N/a single transaction

 

 

 

 

e)

 

Date of the transaction

 

22 June 2017

f)

 

Place of the transaction  

 

London

 

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 pence 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)

 

Nil

 

115,540

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

N/a single transaction

 

 

 

 

e)

 

Date of the transaction

 

22 June 2017

f)

 

Place of the transaction  

 

London

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Nick Sewell

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

 

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 pence 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)

 

Nil

 

59,575

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

N/a single transaction

 

 

 

 

e)

 

Date of the transaction

 

22 June 2017

f)

 

Place of the transaction  

 

London

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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