Inclusion in FTSE 250 and FTSE All-Share Indices

RNS Number : 6257Q

NewRiver REIT PLC

01 December 2016

 

NewRiver REIT plc

("NewRiver" or the "Company")

Inclusion in FTSE 250 and FTSE All-Share Indices

NewRiver is pleased to announce that the Company's shares have qualified for inclusion in the FTSE 250 and FTSE All-Share indices following its move from AIM to the Main Market in August 2016. Inclusion in the indices will be effective from 19 December 2016.

David Lockhart Chief Executive commented:

"I'm pleased to announce that we will join the FTSE 250 and FTSE All Share indices later this month having successfully fulfilled the admission criteria. This follows our progressive move from AIM to the Main Market in August 2016 and marks another significant milestone for the Company and our shareholders just seven years after NewRiver was founded. We believe that index inclusion will provide improved liquidity through access to a wider investor base, supporting our focused strategy of delivering secure and sustainable cash based returns to shareholders."

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About NewRiver

NewRiver REIT plc (ticker: NRR) is a premium listed REIT on the London Stock Exchange and a constituent of the FTSE 250. The Company is a specialist real estate investor, asset manager and developer focused solely on the UK retail and leisure sector.

Founded in 2009, NewRiver is one of the UK's largest owner/managers of convenience-led shopping centres with assets under management of £1.3 billion principally comprising 33 UK wide shopping centres together with further nationwide retail and leisure assets. The portfolio totals over 8 million sq. ft. with over 2,000 occupiers, an annual footfall of 150 million and a retail occupancy rate of 96 per cent. Visit nrr.co.uk for further information.

For further information

NewRiver REIT plc                                                                                           [phone]

David Lockhart (Chief Executive)

Mark Davies (Chief Financial Officer)

Allan Lockhart (Property Director)

Will Hobman (Head of Investor Relations)

Bell Pottinger                                                                                                  [phone]

David Rydell

David Bass

James Newman

Eve Kirmatzis

 

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