Statement re holding

RNS Number : 4937E

NewRiver Retail Limited

07 April 2011

 



7 April 2011

NewRiver Retail Limited ("NewRiver" or "the Company")

Disclosure of Interest

NewRiver Retail Limited has today been informed that as of close of business on 4 April 2011 , UBS Wealth Management and Business Bank holdings have fallen below the notifiable threshold in the Company's shares.

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For further information

NewRiver Retail Limited                                                                      Tel: [phone]

David Lockhart, Chief Executive                                                                     

Pelham Bell Pottinger                                                                         Tel: [phone]

David Rydell/Rosanne Perry                                                   

Cenkos Securities

Ian Soanes/Max Hartley                                                                      Tel: [phone]

About NewRiver

NewRiver Retail Limited is a REIT status specialist real estate investor and asset manager focusing solely on the UK retailing sector with a particular focus on food and value retailing. The management team, led by David Lockhart, have more than 75 years' combined experience in UK commercial property markets. With more than £165 million of assets under management the Company's activities include active and entrepreneurial asset management and risk controlled development, utilising both its own balance sheet and co-investment joint venture structures. It is NewRiver's intention to become one of the leading sector-focused value-creating property investment businesses operating in the UK retail sector. The Company was founded in 2009 and its shares were admitted to London's AIM and Channel Islands Stock Exchange (CISX) in September of the same year. For more information on NewRiver, please visit www.nrr.com

 

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