7 June 2022
NewRiver REIT plc
("NewRiver" or the "Company")
Notification of transactions by persons discharging managerial responsibilities
The Company announces that it was notified today that, Allan Lockhart, CEO of the Company, purchased 22,500 ordinary shares of one penny each ("Ordinary Shares") in NewRiver at 88.94 pence per Ordinary Share on 7June 2022. Following this transaction Allan Lockhart holds 369,855 Ordinary Shares in the Company.
The Company also announces that it was notified today that, Will Hobman, CFO of the Company, purchased 22,339 ordinary shares of one penny each ("Ordinary Shares") in NewRiver at 89.025 pence per Ordinary Share on 7June 2022. Following this transaction Will Hobman holds 133,374 Ordinary Shares in the Company.
This announcement is made in accordance with the requirements of the EU Market Abuse Regulation. The notification of dealing forms can be found below.
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
| a)
| Name(s) | Allan Lockhart | |
| 2
| Reason for the notification | ||
| a) | Position/status
| CEO | |
| 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 | Ordinary Shares of one penny each
Identification code: GB00BD7XPJ64
| |
| b) | Nature of the transaction | Purchase of shares
| |
| c) | Price(s) and volume(s) | Price
88.94 pence | Volume
22,500
|
| d) | Currency
| GBP - British Pound | |
| e) | Aggregated information
| N/A | |
| f) | Date of the transaction
| 7 June 2022 | |
| g) | Place of the transaction | London Stock Exchange | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
| a)
| Name(s) | Will Hobman | |
| 2
| Reason for the notification | ||
| a) | Position/status
| CFO | |
| 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 | Ordinary Shares of one penny each
Identification code: GB00BD7XPJ64
| |
| b) | Nature of the transaction | Purchase of shares
| |
| c) | Price(s) and volume(s) | Price
89.025 pence | Volume
22,339
|
| d) | Currency
| GBP - British Pound | |
| e) | Aggregated information
| N/A | |
| f) | Date of the transaction
| 7 June 2022 | |
| g) | Place of the transaction | London Stock Exchange | |
For further information
| NewRiver REIT plc | | | +44 (0)20 3328 5800 |
| Kerin Williams (Company Secretary) Lucy Mitchell (Director of Communications and IR) | | | |
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