Director/PDMR Shareholding

RNS Number : 1817B

NewRiver REIT PLC

28 January 2020

 

NewRiver REIT plc

("NewRiver" or the "Company")

Notification of Transaction of Persons Discharging Managerial Responsibilities ("PDMR") and persons closely associated

The Company announces that it was notified on 27 January 2020 that, in accordance with the terms of a divorce settlement, Melanie Lockhart, spouse of Allan Lockhart, Chief Executive Officer and Director of the Company, sold 148,750 ordinary shares of one penny each ("Ordinary Shares") in NewRiver at 190 pence per Ordinary Share on 27 January 2020.

The notification is made in accordance with the EU Market Abuse Regulation.

Notification of Dealing Form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name(s)	Melanie Lockhart (Person Closely Associated)
2	Reason for the notification
a)	Position/status	Spouse of Allan Lockhart, 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	Ordinary Shares of one penny each Identification code: GB00BD7XPJ64
b)	Nature of the transaction	Sale of shares in order to fulfil a personal financial commitment forming part of a divorce settlement.
c)	Price(s) and volume(s)	Price 190 pence	Volume 148,750
d)	Currency	GBP - British Pound
e)	Aggregated information	N/A
f)	Date of the transaction	27 January 2020
g)	Place of the transaction	London Stock Exchange

 

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