10 July 2017
NewRiver REIT plc
("NewRiver" or the "Company")
Notification of transactions by persons discharging managerial responsibilities and persons closely associated
David Lockhart is a trustee of a family trust which held ordinary shares in the Company, and as such he had a non-beneficial interest in those shares.
The Company has been advised that on 7 July 2017, the family trust sold all of its 12,000 ordinary shares in the Company at a price of £3.492 per ordinary share.
Following this sale, Mr. Lockhart's interests have decreased to a total of 1,592,051 ordinary shares of the Company, all of which are now beneficially held.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
David Lockhart |
2 |
Reason for the notification |
a) |
Position/status |
PDMR - Chief Executive 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 pence each GB00BD7XPJ64 |
b) |
Nature of the transaction |
David Lockhart is a trustee of a family trust which, on 7 July 2017, sold 12,000 ordinary shares in the Company. Mr. Lockhart is not a beneficiary of the family trust. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£3.492 |
12,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/a single transaction |
e) |
Date of the transaction |
7 July 2017 |
f) |
Place of the transaction |
London Stock Exchange |