NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM ANY
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION.
FOR
IMMEDIATE RELEASE
21
August 2024
NewRiver REIT
plc
("NewRiver" or the "Company")
Rule 2.9
Announcement
On 21 June 2024, NewRiver declared a
final dividend in respect of the second half of FY24 of 3.2 pence
per Ordinary Share ("Dividend") payable on 16 August 2024 to
Shareholders on the register of members at the close of business on
5 July 2024.
On 12 August 2024, NewRiver
confirmed that, in accordance with the terms of the scrip dividend
scheme ("Scheme"), 1,753,176 ordinary shares of one penny each in
the Company ("Shares") were to be issued to the Official List in
relation to the Dividend.
These Shares were admitted to
trading on the London Stock Exchange at 8.00 a.m. on 16 August 2024
("Admission").
In accordance with Rule 2.9 of the
City Code on Takeovers and Mergers ("Code"), NewRiver confirms
that, following Admission, its issued share capital consisted of
315,439,468 ordinary shares of one penny each with voting rights,
of which 3,317,219 ordinary shares are held in the Employee Benefit
Trust (EBT). Accordingly, the total number of voting rights in the
Company is 312,122,249. The Company does not hold any shares in
treasury.
This figure of 312,122,249 ordinary
shares may also be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance
and Transparency Rules.
The International Securities
Identification Number (ISIN) of the ordinary shares is
GB00BD7XPJ64.
For
further information
NewRiver REIT plc
|
+44 (0)20 3328
5800
|
Kerin Williams (Company
Secretary)
|
|
Disclosure Requirements of the Code
Under Rule 8.3(a) of the Code, any
person who is interested in 1% or more of any class of relevant
securities of an offeree company or of any securities exchange
offeror (being any offeror other than an offeror in respect of
which it has been announced that its offer is, or is likely to be,
solely in cash) must make an Opening Position Disclosure following
the commencement of the offer period and, if later, following the
announcement in which any securities exchange offeror is first
identified. An Opening Position Disclosure must contain details of
the person's interests and short positions in, and rights to
subscribe for, any relevant securities of each of (i) the offeree
company and (ii) any securities exchange offeror(s). An Opening
Position Disclosure by a person to whom Rule 8.3(a) applies must be
made by no later than 3.30 pm (London time) on the 10th business
day following the commencement of the offer period and, if
appropriate, by no later than 3.30 pm (London time) on the 10th
business day following the announcement in which any securities
exchange offeror is first identified. Relevant persons who deal in
the relevant securities of the offeree company or of a securities
exchange offeror prior to the deadline for making an Opening
Position Disclosure must instead make a Dealing
Disclosure.
Under Rule 8.3(b) of the Code, any
person who is, or becomes, interested in 1% or more of any class of
relevant securities of the offeree company or of any securities
exchange offeror must make a Dealing Disclosure if the person deals
in any relevant securities of the offeree company or of any
securities exchange offeror. A Dealing Disclosure must contain
details of the dealing concerned and of the person's interests and
short positions in, and rights to subscribe for, any relevant
securities of each of (i) the offeree company and (ii) any
securities exchange offeror(s), save to the extent that these
details have previously been disclosed under Rule 8. A Dealing
Disclosure by a person to whom Rule 8.3(b) applies must be made by
no later than 3.30 pm (London time) on the business day following
the date of the relevant dealing.
If two or more persons act together
pursuant to an agreement or understanding, whether formal or
informal, to acquire or control an interest in relevant securities
of an offeree company or a securities exchange offeror, they will
be deemed to be a single person for the purpose of Rule
8.3.
Opening Position Disclosures must
also be made by the offeree company and by any offeror and Dealing
Disclosures must also be made by the offeree company, by any
offeror and by any persons acting in concert with any of them (see
Rules 8.1, 8.2 and 8.4).
Details of the offeree and offeror
companies in respect of whose relevant securities Opening Position
Disclosures and Dealing Disclosures must be made can be found in
the Disclosure Table on the Takeover Panel's website at
www.thetakeoverpanel.org.uk,
including details of the number of relevant
securities in issue, when the offer period commenced and when any
offeror was first identified. You should contact the Panel's Market
Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as
to whether you are required to make an Opening Position Disclosure
or a Dealing Disclosure.
About NewRiver
NewRiver REIT plc ('NewRiver') is a
leading Real Estate Investment Trust specialising in buying,
managing and developing resilient retail assets throughout
the UK.
Our £0.54
billion UK wide portfolio covers 5.9 million sq ft and
comprises 23 community shopping centres and 12 conveniently located
retail parks occupied by tenants predominately focused on essential
goods and services. In addition we manage 18 retail parks and 21
shopping centres on behalf of Capital Partners, taking our total
Assets Under Management to £2 billion. Our objective is to own
and manage the most resilient retail portfolio in the UK,
focused on retail parks, core shopping centres, and regeneration
opportunities in order to deliver long-term attractive recurring
income returns and capital growth for our shareholders.
NewRiver is listed on the equity
shares (commercial companies) segment ("ESCC") of the Official List
and admitted to trading on the Main Market of the London Stock
Exchange (ticker: NRR). Visit www.nrr.co.uk for further
information.
LEI Number:
2138004GX1VAUMH66L31