NewRiver REIT PLC Director/PDMR Shareholding (9519O)
25 August 2017 - 3:54AM
UK Regulatory
TIDMNRR
RNS Number : 9519O
NewRiver REIT PLC
24 August 2017
24 August 2017
NewRiver REIT plc
("NewRiver" or the "Company")
Notification of transactions by persons discharging managerial
responsibilities and persons closely associated
The Company has been notified that, on 24 August 2017, David
Lockhart exercised 119,016 nil cost share options which were
granted under the NewRiver Retail Limited Performance Share Plan
2009.
In order to cover the associated tax liability, 53,746 shares
were sold. David Lockhart has retained the balance of shares,
giving him a total shareholding of 1,657,321 ordinary shares.
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 Initial Notification
/Amendment
--- ------------------------ -------------------------------
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 Ordinary shares of one pence
instrument, type each
of instrument
GB00BD7XPJ64
Identification
code
--- ------------------------ -------------------------------
b) Nature of the Exercise of 119,016 nil cost
transaction share options granted under
the NewRiver Retail Limited
Performance Share Plan 2009.
Sale of sufficient shares
to cover the associated tax
liabilities.
--- ------------------------ -------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
GBP3.46 53,746
---------- ----------
--- ------------------------ -------------------------------
d) Aggregated information
N/a single transaction
- Aggregated
volume
- Price
--- ------------------------ -------------------------------
e) Date of the transaction 24 August 2017
--- ------------------------ -------------------------------
f) Place of the London Stock Exchange
transaction
--- ------------------------ -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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