Scrip dividend

RNS Number : 3132H

NewRiver REIT PLC

14 November 2018

 

NewRiver REIT plc

("NewRiver" or the "Company")

Scrip dividend share allotment

Application has been made to the Financial Conduct Authority and the London Stock Exchange Plc for a total of 11,159 Ordinary Shares of 1p each ('Shares') to be admitted to the Official List.

Admission of the Shares is expected on 16 November 2018.

The Shares are being issued in respect of elections to participate in the Scrip Dividend Scheme in respect of the second quarterly dividend in relation to the year ending 31 March 2019.

The Shares will rank pari passu with the existing Ordinary Shares.

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About NewRiver

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing, developing and recycling convenience-led, community-focused retail and leisure assets throughout the UK.

Our £1.4 billion portfolio covers over 8 million sq ft and comprises 34 community shopping centres, 20 conveniently located retail parks and over 600 community pubs. Having hand-picked our assets since NewRiver was founded in 2009, we have deliberately focused on the fastest growing and most sustainable sub-sectors of the UK retail market, with grocery, convenience stores, value clothing, health & beauty and discounters forming the core of our retail portfolio. 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 in-built 1.9 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) and is a constituent of the FTSE 250 and EPRA indices. Visit www.nrr.co.uk for further information.

LEI Number: 2138004GX1VAUMH66L31

For further information

NewRiver REIT plc  Allan Lockhart (Chief Executive Officer) Mark Davies (Chief Financial Officer) Will Hobman (Head of Investor Relations and Strategy)

[phone]

 

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