Scrip Dividend Reference Price

RNS Number : 9808U

NewRiver REIT PLC

04 August 2022

 

NewRiver REIT plc

("NewRiver" or the "Company" or the "Group")

  Scrip Dividend Reference Price

The Company announces that the scrip dividend reference price for the fully paid shares in the Company to be issued to shareholders who elect to receive the scrip dividend alternative for the final dividend for the year ending 31 March 2022 is 86.44 pence per ordinary share of one penny each. The final dividend scrip alternative will be treated as a PID.

The scrip dividend reference price is calculated from the average of the closing middle market quotations for the Company's ordinary shares as taken from the London Stock Exchange Daily Official List for the five consecutive business days commencing on the ex-dividend date. The ex-dividend date was 28 July 2022.

To receive the dividend scrip alternative, shareholders need to make the election ahead of the dividend election date (the "Election Date") on 12 August 2022. Certificates in respect of the new ordinary shares will be despatched on the dividend payment date (2 September 2022).

Scrip Dividend Scheme

At the Annual General Meeting held on 14 August 2020, shareholders approved the renewal of the scrip dividend scheme. Shareholders can receive additional shares in the Company instead of their cash dividend, with no dealing charges or stamp duty incurred.

To elect to receive additional new ordinary shares of 1 penny each in the capital of the Company instead of a cash dividend, shareholders need to log onto  www.signalshares.com  and follow the instructions. For certificated shareholders, the election will apply to all future relevant dividends unless cancelled. For shareholders who hold their shares in CREST, an election will be required for each relevant dividend.

Shareholders should read the scrip dividend scheme booklet, which contains the terms and conditions applicable to the scrip dividend scheme, before deciding to make an election. A copy of the scrip dividend scheme booklet can be found on the "Scrip Dividend Scheme" web page within the "Investor Centre" section of the Company's website  www.nrr.co.uk

If shareholders have any questions, please call Link Group on 0371 664 0391. Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. The helpline is open between 9.00 am - 5.30 pm, Monday to Friday excluding public holidays in England and Wales. Please note that Link Group cannot provide any financial, legal or tax advice and calls may be recorded and monitored for security and training purposes.

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For further information

NewRiver REIT plc			[phone]
Kerin Williams (Company Secretary) Lucy Mitchell (Communications & Investor Relations)

FGS Global				[phone]
Gordon Simpson James Thompson

About NewRiver

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

Our £0.65 billion portfolio covers 8 million sq ft and comprises 28 community shopping centres and 15 conveniently located retail parks. We have hand-picked our portfolio to focus on occupiers providing essential goods and services and to support the development of thriving communities across the UK, while deliberately avoiding structurally challenged sub-sectors such as department stores and mid-market fashion. Our objective is to own and manage the most resilient retail portfolio in the UK, focused on retail parks, core shopping centres, and regeneration opportunities in order to deliver stable income and capital growth to our investors.

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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