Directorate Change

RNS Number : 6789G
NewRiver REIT PLC
28 July 2021
 

NewRiver REIT plc

("NewRiver" or the "Company")

Directorate Change

Appointment of Will Hobman as CFO

 

NewRiver is pleased to announce the appointment of Will Hobman as Chief Financial Officer of the Company; he will join the Board on completion of the disposal of Hawthorn Leisure REIT Limited ("Hawthorn"), which is expected to be on 20 August 2021.

 

Will has been NewRiver's Finance Director for almost two years and with the Company for over five years and is a Fellow of the Institute of Chartered Accountants of England and Wales.

 

Baroness Ford, Non-Executive Chairman, commented : "We are delighted that Will has accepted the position of CFO and I know, from his contribution to the Company to date, that he will be an excellent addition to the Board. I look forward to working with him."

 

The Company confirms that there is no further information relating to Will that requires disclosure under Listing Rule 9.6.13.

 

For further information

 

NewRiver REIT plc

 

 

+44 (0)20 3328 5800

Allan Lockhart (Chief Executive)

 

 

 

Emily Meara (Head of Investor Relations)

 

 

 

 

Finsbury

 

 

 

 

Gordon Simpson

James Thompson

 

 

 

     +44 (0)20 7251 3801

             

 

About NewRiver

 

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing essential retail and leisure assets throughout the UK.

 

Our £1.0 billion portfolio covers 9 million sq ft and comprises 33 community shopping centres, 19 conveniently located retail parks and 674 community pubs. We hand-picked our assets to deliberately focus on occupiers providing essential goods and services, and avoid structurally challenged sub-sectors such as department stores, mid-market fashion and casual dining. This focus, combined with our affordable rents and desirable locations, delivers sustainable and growing returns for our shareholders, while our active approach to asset management and inbuilt 2.6 million sq ft development pipeline provide further opportunities to extract value from our portfolio.

 

NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR). Visit www.nrr.co.uk for further information.

 

LEI Number: 2138004GX1VAUMH66L31

 

 

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