NEWRIVER REIT PLC

Director's Dealing • Dec 18, 2024

National Storage Mechanism | Additional information

RNS Number : 6271Q

NewRiver REIT PLC

18 December 2024

NewRiver REIT plc

("NewRiver" or the "Company")

Notification of transactions by persons discharging managerial responsibilities

The Company announces that on 17 December 2024, Will Hobman, Chief Financial Officer and Director of the Company, exercised 133,085 nil cost options which were granted in July 2022 under the Company's Deferred Bonus Plan.

62,865 Ordinary shares were sold in order to cover the associated tax liability. The exercise of the nil-cost options has been satisfied through the transfer of existing Shares held by the Employee Benefit Trust and, as such, no new Shares have been issued in connection with the option exercise.

Following this exercise, Will Hobman has a beneficial interest in 495,771 Ordinary Shares, increased by 70,220 Ordinary Shares from 425,551 Ordinary Shares prior to the exercise.

This announcement is made in accordance with the requirements of the UK 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

Exercise of 133,085 nil cost share options granted under the NewRiver REIT plc Deferred Bonus Plan 2016. Sale of 62,865 shares to cover the associated tax liabilities

c)

Price(s) and volume(s)

Price(s)	Volume(s)
79.16 pence	62,865

d)

Aggregated information

- Aggregated volume

- Price

N/a single transaction

e)

Date of the transaction

17 December 2024

f)

Place of the transaction  

London Stock Exchange

For further information

NewRiver REIT plc			+44 (0)20 3328 5800
Kerin Williams (Company Secretary)

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DSHFFLFDAELSEIE