Director/PDMR Shareholding

RNS Number : 7716V

NewRiver REIT PLC

25 July 2018

 

NewRiver REIT plc

("NewRiver" or the "Company")

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

The Company has been notified of the following transactions by persons discharging managerial responsibilities.

An award of nil-cost options over the Company's shares was granted to David Lockhart, Executive Deputy Chairman, on 25 July 2018 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.

On 20 July 2018, David Lockhart exercised 239,660 nil cost share options which were granted under the NewRiver Retail Limited Deferred Bonus Plan 2015. 226,736 shares were sold and 12,924 shares were retained.

On 20 July 2018, Kay Chaldecott, purchased 35,671 shares at £2.79 each.

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	David Lockhart
2	Reason for the notification
a)	Position/status	PDMR - Executive Deputy Chairman
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 penny 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) - 160,142
d)	Aggregated information - Aggregated volume - Price	N/a single transaction
e)	Date of the transaction	25 July 2018
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Lockhart
2	Reason for the notification
a)	Position/status	PDMR - Executive Deputy Chairman
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 penny each  GB00BD7XPJ64
b)	Nature of the transaction	Exercise of 239,660 nil-cost options under the NewRiver REIT plc Performance Share Plan 2016. 226,736 shares were sold.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.7944767 226,736
d)	Aggregated information - Aggregated volume - Price	N/a single transaction
e)	Date of the transaction	20 July 2018
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kay Chaldecott
2	Reason for the notification
a)	Position/status	PDMR - Non Executive 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 penny each  GB00BD7XPJ64
b)	Nature of the transaction	Purchase of 35,671 shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.79 35,671
d)	Aggregated information - Aggregated volume - Price	N/a single transaction
e)	Date of the transaction	20 July 2018
f)	Place of the transaction	London

 

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