Director/PDMR Shareholding

RNS Number : 6442K

NewRiver REIT PLC

10 July 2017

 

10 July 2017

NewRiver REIT plc

("NewRiver" or the "Company")

Notification of transactions by persons discharging managerial responsibilities and persons closely associated

David Lockhart is a trustee of a family trust which held ordinary shares in the Company, and as such he had a non-beneficial interest in those shares.

The Company has been advised that on 7 July 2017, the family trust sold all of its 12,000 ordinary shares in the Company at a price of £3.492 per ordinary share.

Following this sale, Mr. Lockhart's interests have decreased to a total of 1,592,051 ordinary shares of the Company, all of which are now beneficially held.

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	David Lockhart is a trustee of a family trust which, on 7 July 2017, sold 12,000 ordinary shares in the Company. Mr. Lockhart is not a beneficiary of the family trust.
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.492 12,000
d)	Aggregated information - Aggregated volume - Price	N/a single transaction
e)	Date of the transaction	7 July 2017
f)	Place of the transaction	London Stock Exchange

 

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