28 July 2021
NewRiver REIT plc
("NewRiver" or the "Company")
Publication of Circular and Notice of General Meeting
Further to the announcement made on 26 July 2021, the Board of NewRiver REIT plc ("NewRiver" or the "Company"), is pleased to announce that its circular (the "Circular") in relation to the proposed sale of the entire issued share capital of Hawthorn Leisure REIT Limited ("Hawthorn"), the entity in the Group that holds, either directly or indirectly through its wholly-owned subsidiaries, NewRiver's entire community pub business (the "Disposal"), to AT Brady Bidco Limited ("Admiral Taverns") has been approved by the Financial Conduct Authority (the "FCA").
The Circular and the Notice of General Meeting will shortly be available for viewing on the Company's website at https://www.nrr.co.uk. The Circular and Notice of General Meeting will shortly be sent to shareholders.
The Disposal is conditional on the approval of shareholders. Accordingly, the Circular contains a notice convening a General Meeting of the Company which is to be held at the offices of the Company at 16 New Burlington Place, London, United Kingdom, W1S 2HX at 10:00 am on 13 August 2021 (the "General Meeting") at which an ordinary resolution will be proposed for shareholders to approve the Disposal. Further details of the resolution is provided in the explanatory notes to the Notice of General Meeting.
The expected timetable of principal events in relation to the General Meeting is as follows:
| Event | Expected time/date |
| Latest time and date for receipt of Form of Proxy, CREST Proxy Instructions and electronic registration of proxy appointment | 10.00 am on 11 August 2021 |
| General Meeting
| 10.00 am on 13 August 2021 |
| Expected date of Completion (subject to Shareholder approval)
| 11.00 am on 20 August 2021 |
The Circular and Notice of General Meeting will be shortly submitted to the National Storage Mechanism of the FCA and available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Liberum Capital Limited is acting as sponsor to NewRiver on the Disposal.
General Meeting
The Board will continue to closely monitor the latest Government guidance in respect of the COVID-19 pandemic and how this may affect the arrangements for the General Meeting. If it becomes necessary or appropriate to revise the current arrangements for the General Meeting, further information will be made available on our website at https://www.nrr.co.uk.
For further information
| NewRiver REIT plc Allan Lockhart (Chief Executive) Emily Meara (Head of Investor Relations) |
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| +44 (0)20 3328 5800 |
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| Liberum (Sponsor to NewRiver) Jamie Richards James Greenwood Nikhil Varghese |
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| +44 (0)20 3100 2000 |
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| Kinmont (Financial Adviser to NewRiver) Mat Thackery |
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| +44 (0)20 7087 9100 |
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| Finsbury |
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| +44 (0)20 7251 3801 |
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| Gordon Simpson James Thompson |
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