NewRiver REIT PLC EBT Share Purchase Programme (4531V)
02 December 2023 - 2:46AM
UK Regulatory
TIDMNRR
RNS Number : 4531V
NewRiver REIT PLC
01 December 2023
NewRiver REIT plc
("NewRiver" or the "Company" or the "Group")
EBT Share Purchase Programme
NewRiver announces that Computershare Trustees (Jersey) Limited
(the "Trustee"), as Trustee of the NewRiver REIT plc Employee
Benefit Trust (the "EBT"), has purchased 661,849 ordinary shares of
one penny each in the Company as follows:
Date Number of Ordinary Purchase Price Purchase Price
Shares Per Share
24 November 2023 20,740 GBP 18,006.51 GBP0.8682
------------------- --------------- ---------------
27 November 2023 20,000 GBP 17,252.50 GBP0.8626
------------------- --------------- ---------------
28 November 2023 61,109 GBP 51,942.65 GBP0.8500
------------------- --------------- ---------------
29 November 2023 125,000 GBP106,750.00 GBP0.8540
------------------- --------------- ---------------
30 November 2023 435,000 GBP366,342.21 GBP0.8422
------------------- --------------- ---------------
TOTAL 661,849 GBP560,293.87 GBP0.8466
------------------- --------------- ---------------
Following this transaction the EBT balance, when the trades are
settled, will be 926,073 ordinary shares of one penny each
(representing 0.296% of the Company's issued share capital) which
are held unallocated by the EBT.
These purchases mark the commencement of an EBT Share Purchase
Programme to satisfy existing, planned and anticipated exercises of
awards under the NewRiver employee share schemes or as otherwise
permissible within the terms of the EBT Trust Deed. The EBT is a
discretionary trust for the benefit of all the Company's
Employees.
Further updates in respect of the EBT share purchase programme
will be made as required.
Ends
+44 (0)20 3328
NewRiver REIT plc 5800
Allan Lockhart (Chief Executive)
Will Hobman (Chief Financial Officer)
+44 (0)20 7251
FGS Global 3801
Gordon Simpson
James Thompson
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 GBP0.6 billion UK wide portfolio covers 7 million sq ft and
comprises 26 community shopping centres and 12 conveniently located
retail parks occupied by tenants predominately focused on essential
goods and services. 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 has a Premium Listing on the Main Market of the London
Stock Exchange (ticker: NRR). Visit www.nrr.co.uk for further
information.
LEI Number: 2138004GX1VAUMH66L31
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END
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