NewRiver REIT PLC Director/PDMR Shareholding
18 Dezember 2024 - 2:56PM
RNS Regulatory News
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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END
DSHFFLFDAELSEIE
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