Director/PDMR Shareholding

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

 

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