25 June 2024
NewRiver REIT
plc
("NewRiver" or the
"Company")
Dividend
Declaration
As announced on 21 June 2024, the
NewRiver Board has declared a final dividend of 3.2 pence per share
in respect of the year ended 31 March 2024. This dividend is
subject to shareholder approval at the Annual General Meeting to be
held on 5 August 2024 and will be paid as a Property Income
Distribution (PID).
The dividend payment date will be 16
August 2024 and the dividend will be paid to shareholders on the
register at close of business on 5 July 2024. The ex-dividend date
will be 4 July 2024.
Shareholders can receive additional
new ordinary shares in the Company instead of their cash dividend,
with no dealing charges or stamp duty incurred, under the Company's
scrip dividend scheme. To receive the scrip dividend, shareholders
need to make an election ahead of the dividend election date on 26
July 2024.
Details of the price at which the
new ordinary shares will be issued will be announced via RNS ahead
of the dividend election date. Certificates in respect of the new
ordinary shares will be despatched on the dividend payment
date.
Scrip Dividend
Scheme
At the Annual General Meeting held
on 26 July 2023, shareholders approved the renewal of the scrip
dividend scheme. Shareholders can receive additional shares in the
Company instead of their cash dividend, with no dealing charges or
stamp duty incurred.
To elect to receive additional new
ordinary shares of 1 penny each in the capital of the Company
instead of a cash dividend, shareholders need to log
onto www.signalshares.com and
follow the instructions. For certificated shareholders, the
election will apply to all future relevant dividends unless
cancelled. For shareholders who hold their shares in CREST, an
election will be required for each relevant dividend.
Shareholders should read the scrip
dividend scheme booklet, which contains the terms and conditions
applicable to the scrip dividend scheme, before deciding to make an
election. A copy of the scrip dividend scheme booklet can be found
on the "Scrip Dividend Scheme" web page within the "Investors"
section of the Company's website www.nrr.co.uk.
If shareholders have any questions,
please call Link Group on 0371 664 0391. Calls are charged at the
standard geographic rate and will vary by provider. Calls outside
the United Kingdom will be charged at the applicable
international rate. The helpline is open between 9.00 am - 5.30 pm,
Monday to Friday excluding public holidays in
England and Wales. Please note that Link Group
cannot provide any financial, legal or tax advice and calls may be
recorded and monitored for security and training
purposes.
Ends
For
further information
NewRiver REIT plc
Will Hobman (Chief Financial
Officer)
Kerin Williams (Company
Secretary)
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+44
(0)20 3328 5800
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