Director/PDMR Shareholding

NewRiver REIT PLC
23 September 2024
 

NewRiver REIT plc

("NewRiver" or the "Company")

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

Further to the announcement on 19 September 2024 relating to the results of a cash placing to institutional and certain other investors (the "Placing"), the Company announces that certain directors and PDMRs of the Company subscribed for 391,448 Ordinary Shares, in aggregate.:

 

Name

Subscription amount (number of shares)

Lynn Fordham

187,500

Allan Lockhart

104,602

Will Hobman

70,596

Karen Miller

18,750

Charlie Parker

10,000

 

This announcement is made in accordance with the requirements of the UK version 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

 

Lynn Fordham

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR - Chair

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

 

 

Subscription for Placing Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

80p

187,500

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

N/a single transaction

 

 

 

e)

 

Date of the transaction

 

23 September 2024

 

f)

 

Place of the transaction  

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Allan 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 penny each

 

 GB00BD7XPJ64

b)

 

Nature of the transaction

 

 

Subscription for Placing Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

80p

104,602

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

N/a single transaction

 

 

 

e)

 

Date of the transaction

 

23 September 2024

 

f)

 

Place of the transaction  

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Will Hobman

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 penny each

 

 GB00BD7XPJ64

b)

 

Nature of the transaction

 

 

Subscription for Placing Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

80p

70,596

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

N/a single transaction

 

 

 

e)

 

Date of the transaction

 

23 September 2024

 

f)

 

Place of the transaction  

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Karen Miller

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

 

 

Subscription for Placing Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

80p

18,750

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

N/a single transaction

 

 

 

e)

 

Date of the transaction

 

23 September 2024

 

f)

 

Place of the transaction  

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Charlie Parker

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

 

 

Subscription for Placing Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

80p

10,000

 

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

 

N/a single transaction

 

 

 

e)

 

Date of the transaction

 

23 September 2024

 

f)

 

Place of the transaction  

 

London Stock Exchange

 

 

For further information

 

NewRiver REIT plc



+44 (0)20 3328 5800

Kerin Williams (Company Secretary)




 

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