6 April 2016
NewRiver Retail Limited
("NewRiver" or the "Company")
Director Shareholding Notification
NewRiver Retail Limited (AIM: NRR), the UK REIT specialising in value-creating retail property investment, active asset management and development, was notified on 5 April 2016 that the total beneficial holding of Mark Davies in the Company is 69,545 ordinary shares of no par value in the Company ("Ordinary Shares"), representing 0.03% of the Company's issued share capital, and not 67,210 Ordinary Shares as disclosed in the Director Share Dealing announcement released on 31 March 2016. The difference of 2,335 Ordinary Shares relates to the Ordinary Shares retained following the exercise of share options on 16 December 2015 (announced via RNS on 17 December 2015), which were omitted from the beneficial holding of Mark Davies.
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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 |
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.
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 £1 billion principally comprising 32 UK wide shopping centres, further nationwide retail assets and a portfolio of 358 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 145 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
