NEWRIVER REIT PLC

Director's Dealing • Dec 17, 2015

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RNS Number : 3826J

NewRiver Retail Limited

17 December 2015

NewRiver Retail Ltd

("NewRiver" or the "Company")

Directors' Share Dealing & Total Voting Rights

Exercise of Share Options

NewRiver Retail Limited (AIM: NRR), the UK REIT specialising in value-creating retail property investment, active asset management and development, announces that on 16 December 2015 the following directors exercised options and sold ordinary shares of no par value in the Company as detailed below:

Award Holder	Share Plan	Number of Options Exercised	Option Price	Number of Ordinary Shares Sold	Share Price Sold At
Paul Roy	Paul Roy Unapproved Share Option Plan 2009	200,000	£2.50	200,000	£3.45482
Allan Lockhart	The NewRiver Retail Limited Company Share Option Plan 2009	12,000	£2.50	12,000	£3.45482
Mark Davies	The NewRiver Retail Limited Company Share Option Plan 2009	11,049	£2.715	8,714 with the balance transferred into his own name	£3.45482
Nicholas Sewell	The NewRiver Retail Limited Company Share Option Plan 2009	11,049	£2.715	8,714 with the balance transferred into his own name	£3.45482
All option exercises were satisfied by using shares held in the Company's Employee Benefit Trust.

Sale of Shares by Paul Roy

In addition to the exercise of his options and the sale of the resulting ordinary shares of no par value as notified above, Paul Roy sold an additional 130,000 ordinary shares of no par value at a price of £3.45482 per share.

All shares were sold on the London Stock Exchange.

Following the exercise of their options and sale of shares, each of the directors' has the following interest in the Company:

Director	Number of Shares Held	% of Total Voting Rights
Paul Roy	240,000	0.13
Allan Lockhart	262,560	0.14
Mark Davies	32,335	0.02
Nicholas Sewell	117,168	0.06

Total Voting Rights

Following the exercise of options and the transfer of shares from the Company's Employee Benefit Trust, the Company holds 220,247 ordinary shares of no par value in the Company's Employee Benefit Trust ("EBT"). As the EBT is consolidated, these shares are treated as treasury shares. The Company's issued share capital remains unchanged at 187,313,809 ordinary shares of no par value.

Accordingly, the total number of voting rights in the Company is 187,093,562. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

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NewRiver Retail Limited  David Lockhart, Chief Executive Mark Davies, Finance Director	Tel: 020 3328 5800
Bell Pottinger David Rydell / James Newman / David Bass	Tel: 020 3772 2500
Liberum Richard Crawley / Jamie Richards	Tel: 020 3100 2000
Peel Hunt LLP Capel Irwin / Alex Vaughan / Hugh Preston	Tel: 020 7418 8900

About NewRiver

NewRiver Retail Limited is an AIM listed REIT. The Company is a specialist real estate investor, asset manager and developer focused solely on the UK retail sector. At the close of 2014 NewRiver Retail was named Property Company of the Year - Retail & Leisure at the Estates Gazette Awards.

The management team, with over 100 years combined experience in the UK commercial property market, actively engages with retailers, stakeholders and consumers. NewRiver Retail is one of the UK's largest shopping centre owner/managers with assets under management of £1 billion million principally comprising 29 UK wide shopping centres, further nationwide retail assets and a portfolio of 360 public houses with retail extension opportunities. The portfolio has 1,440 occupiers, a total of over 6.0 million sq. ft., total annual footfall of over 126 million and a retail occupancy rate of 96 per cent.

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.

Founded in 2009, NewRiver has become the UK's leading retail-focused property investment business. The Company's shares were admitted to London's AIM in September of the same year. For more information on NewRiver, please visit www.nrr.co.uk  

This information is provided by RNS

The company news service from the London Stock Exchange

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