NewRiver REIT PLC Director/PDMR Shareholding (3176G)
July 22 2019 - 9:07AM
UK Regulatory
TIDMNRR
RNS Number : 3176G
NewRiver REIT PLC
22 July 2019
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 16 July 2019, Mark Davies exercised 39,973 nil cost share
options which were granted in July 2017 under the NewRiver REIT plc
Deferred Bonus Plan 2016. 18,854 shares were sold in order to cover
the associated tax liability. Mark has retained the balance of
21,119 shares which increases his shareholding to 243,587.
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 Mark Davies
---------------------------- -------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status PDMR - Chief Financial Officer
---------------------------- -------------------------------------
b) Initial notification Initial Notification
/Amendment
---------------------------- -------------------------------------
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, Ordinary shares of one penny each
type of instrument
GB00BD7XPJ64
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Exercise of 39,973 nil cost share
options granted under the NewRiver
REIT plc Deferred Bonus Plan 2016.
Sale of sufficient shares to cover
the associated tax liabilities.
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP1.66 18,854
----------
---------------------------- -------------------------------------
d) Aggregated information
N/a single transaction
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 16 July 2019
---------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange
---------------------------- -------------------------------------
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.
END
DSHSELFLEFUSESW
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