NewRiver Retail Limited Exercise of Warrants & Total Voting Rights-Amend (4435O)
February 09 2016 - 1:00AM
UK Regulatory
TIDMNRR
RNS Number : 4435O
NewRiver Retail Limited
09 February 2016
9 February 2016
The following amendment has been made to "Exercise of Warrants
& Total Voting Rights" released on Monday 8 February 2016 at
10.00am under RNS No 37230:
"It is expected that Admission will occur at 8.00 on 11 February
2016."
All other details remain unchanged.
The full amended text is shown below.
NewRiver Retail Limited
("NewRiver" or the "Company")
Exercise of Warrants & Total Voting Rights
The Company has received a notice to exercise warrants over
78,112 ordinary shares of no par value ("Ordinary Shares") at an
exercise price of 152 pence per Ordinary Share. Accordingly, the
Company has applied to the London Stock Exchange for the 78,112
Ordinary Shares to be admitted to trading on AIM ("Admission"). It
is expected that Admission will occur at 8.00am on 11 February
2016. The Ordinary Shares will rank pari passu with the existing
ordinary shares in the Company.
Following the exercise of the warrants, NewRiver's share capital
will consist of 233,545,767 ordinary shares of no par value, of
which 220,247 ordinary shares are held in treasury. The total
number of voting rights in the share capital of the Company,
excluding treasury shares, is therefore 233,325,520.
The above figure of 233,325,520 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 in
their interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
Following the exercise, the total warrants outstanding currently
have rights to subscribe for 419,618 shares.
- ends -
NewRiver Retail Limited Tel: 020 3328 5800
David Lockhart, Chief Executive
Mark Davies, Finance Director
Bell Pottinger Tel: 020 3772 2500
David Rydell / James Newman / David Bass
Liberum Tel: 020 3100 2000
Richard Crawley / Jamie Richards
Peel Hunt LLP Tel: 020 7418 8900
Capel Irwin / Hugh Preston
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 over GBP1 billion principally comprising 32 UK wide shopping
centres, further nationwide retail assets and a portfolio of 359
pubs with retail and mixed-use extension opportunities. The
portfolio has 1,765 occupiers, a total of over 7.0 million sq. ft.,
total annual footfall of over 126 million and a retail occupancy
rate of 97 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
END
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