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NEWRIVER REIT PLC

Director's Dealing Jun 29, 2023

4954_dirs_2023-06-29_c18b09eb-70a1-4ba4-bc54-d0fa064ed105.html

Director's Dealing

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RNS Number : 2876E

NewRiver REIT PLC

29 June 2023

NewRiver REIT plc

("NewRiver" or the "Company")

Notification of transactions by persons discharging managerial responsibilities and persons closely associated

The Company announces that it was notified of the following transactions by persons discharging managerial responsibilities:

·      On 28 June 2023, Will Hobman, Chief Financial Officer and Director of the Company, purchased 22,748 ordinary shares of one penny each ("Ordinary Shares") in NewRiver REIT plc at 87.42 pence per Ordinary Share.

·      On 28 June 2023, Hollie Hobman, Spouse of Will Hobman, purchased 22,724 Ordinary Shares in NewRiver REIT plc at 87.52 pence per Ordinary Share.

Following these transactions Will Hobman has a beneficial interest in 233,989 Ordinary Shares increased from 188,517 prior to these transactions.

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation. The notification of dealing forms can be found below.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Will Hobman

2

Reason for the notification

a)

Position/status

PDMR - Chief Financial 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, type of instrument

Identification code

Ordinary shares of one penny each

GB00BD7XPJ64

b)

Nature of the transaction

Purchase of Shares

c)

Price(s) and volume(s)

Price(s) Volume(s)
87.42 pence 22,748

d)

Aggregated information

- Aggregated volume

- Price

N/a single transaction

e)

Date of the transaction

28 June 2023

f)

Place of the transaction  

London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Hollie Hobman (Person Closely Associated)

2

Reason for the notification

a)

Position/status

Spouse of Will Hobman, Chief Financial 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, type of instrument

Identification code

Ordinary shares of one penny each

GB00BD7XPJ64

b)

Nature of the transaction

Purchase of Shares

c)

Price(s) and volume(s)

Price(s) Volume(s)
87.52 pence 22,724

d)

Aggregated information

- Aggregated volume

- Price

N/a single transaction

e)

Date of the transaction

28 June 2023

f)

Place of the transaction  

London Stock Exchange

For further information

NewRiver REIT plc +44 (0)20 3328 5800
Lucy Mitchell (Communications & Investor Relations)

Kerin Williams (Company Secretary)

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 [email protected] 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.

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