Director/PDMR Shareholding

RNS Number : 2671S

NewRiver REIT PLC

15 March 2021

 

15 March 2021

NewRiver REIT plc

("NewRiver" or the "Company")

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

The Company announces that it was notified on 15 March 2021 of the following transactions by Allan Lockhart, Chief Executive Officer:

· The sale of 133,745 ordinary shares of one penny each in NewRiver ("Ordinary Shares") at 97.2 pence per Ordinary Share.

· The subsequent purchase of 224,489 Ordinary Shares for his SIPP at 97.58 pence per Ordinary Share .

· Following these two transactions, his shareholding in NewRiver has increased by 90,744 shares to 347,355 Ordinary Shares.

The Company further announces that it was notified on 15 March 2021 of the following transactions by Mark Davies, Chief Financial Officer:

· The sale of 185,000 ordinary shares of one penny each in NewRiver ("Ordinary Shares") at 96.2 pence per Ordinary Share.

· The subsequent purchase of 185,000 Ordinary Shares for his SIPP at 96.2 pence per Ordinary Share .

· Following these two transactions, his shareholding in NewRiver remains the same at 275,838 Ordinary Shares.

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(s)	Allan Lockhart
2	Reason for the notification
a)	Position/status	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	Ordinary Shares of one penny each Identification code: GB00BD7XPJ64
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price 97.2 pence	Volume 133,745
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A
f)	Date of the transaction	12 March 2021
g)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name(s)	Allan Lockhart
2	Reason for the notification
a)	Position/status	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	Ordinary Shares of one penny each Identification code: GB00BD7XPJ64
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price 97.58 pence	Volume 224,489
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A
f)	Date of the transaction	12 March 2021
g)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name(s)	Mark Davies
2	Reason for the notification
a)	Position/status	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	Ordinary Shares of one penny each Identification code: GB00BD7XPJ64
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price 96.2 pence	Volume 185,000
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A
f)	Date of the transaction	12 March 2021
g)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name(s)	Mark Davies
2	Reason for the notification
a)	Position/status	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	Ordinary Shares of one penny each Identification code: GB00BD7XPJ64
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price 96.20 pence	Volume 185,000
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A
f)	Date of the transaction	12 March 2021
g)	Place of the transaction	London Stock Exchange

For further information

NewRiver REIT plc			[phone]
Kerin Williams (Company Secretary) Tom Loughran (Head of Investor Relations)

 

END

 

 

DSHSFFFFIEFSESD