TIDMNRR

RNS Number : 4531V

NewRiver REIT PLC

01 December 2023

NewRiver REIT plc

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

EBT Share Purchase Programme

NewRiver announces that Computershare Trustees (Jersey) Limited (the "Trustee"), as Trustee of the NewRiver REIT plc Employee Benefit Trust (the "EBT"), has purchased 661,849 ordinary shares of one penny each in the Company as follows:

 
 Date               Number of Ordinary   Purchase Price   Purchase Price 
                     Shares                                Per Share 
 24 November 2023    20,740              GBP 18,006.51    GBP0.8682 
                   -------------------  ---------------  --------------- 
 27 November 2023    20,000              GBP 17,252.50    GBP0.8626 
                   -------------------  ---------------  --------------- 
 28 November 2023    61,109              GBP 51,942.65    GBP0.8500 
                   -------------------  ---------------  --------------- 
 29 November 2023   125,000              GBP106,750.00    GBP0.8540 
                   -------------------  ---------------  --------------- 
 30 November 2023   435,000              GBP366,342.21    GBP0.8422 
                   -------------------  ---------------  --------------- 
 TOTAL              661,849              GBP560,293.87    GBP0.8466 
                   -------------------  ---------------  --------------- 
 

Following this transaction the EBT balance, when the trades are settled, will be 926,073 ordinary shares of one penny each (representing 0.296% of the Company's issued share capital) which are held unallocated by the EBT.

These purchases mark the commencement of an EBT Share Purchase Programme to satisfy existing, planned and anticipated exercises of awards under the NewRiver employee share schemes or as otherwise permissible within the terms of the EBT Trust Deed. The EBT is a discretionary trust for the benefit of all the Company's Employees.

Further updates in respect of the EBT share purchase programme will be made as required.

Ends

 
                                                     +44 (0)20 3328 
     NewRiver REIT plc                                5800 
     Allan Lockhart (Chief Executive) 
      Will Hobman (Chief Financial Officer) 
 
 
                              +44 (0)20 7251 
     FGS Global                3801 
     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 GBP0.6 billion UK wide portfolio covers 7 million sq ft and comprises 26 community shopping centres and 12 conveniently located retail parks occupied by tenants predominately focused on essential goods and services. 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 long-term attractive recurring income returns and capital growth for our shareholders.

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCEFLFBXLLXFBV

(END) Dow Jones Newswires

December 01, 2023 10:46 ET (15:46 GMT)

Newriver Reit (LSE:NRR)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Newriver Reit.
Newriver Reit (LSE:NRR)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Newriver Reit.