TIDMNRR 
 
RNS Number : 1360K 
NewRiver Retail Limited 
13 April 2010 
 

 
Not for distribution, directly or indirectly, in whole or in part in or into the 
United States, Canada, Australia, Japan, the Republic of Ireland or South Africa 
or to US persons. 
        NewRiver Retail Limited (AIM: NRR, "NewRiver" or the "Company") 
 
                Proposed Placing to raise up to GBP10.53 million 
                    Notice of Extraordinary General Meeting 
 
Overview 
 
·    NewRiver Retail Limited, the specialist real estate investor and asset 
manager, announces that it proposes to raise up to GBP10.53 million, before 
expenses, by way of a placing ("Placing") of up to 4,212,200 new ordinary shares 
in the capital of the Company ("Placing Shares") at a price per Placing Share of 
250 pence ("Placing Price") 
 
·    Since IPO in 2009, NewRiver has achieved the key objectives set out in its 
Admission Document and deployed the majority of its initial GBP25 million of 
capital. The fundraising provides additional capital to accelerate the Company's 
business plan in the short term, including investments through the recently 
announced joint venture with Morgan Stanley Real Estate Investing Fund VII 
("MSREI") 
 
·    Since IPO, NewRiver has made two acquisitions directly on its own balance 
sheet - in Wrexham and Market Deeping, with net initial yields of 9.65 per cent 
and 6.98 per cent respectively - for a total consideration of GBP10.75 million 
 
·    NewRiver has also acquired, on a 50 - 50 basis, a portfolio of eight retail 
assets situated across the UK in the MSREI joint venture. Contracts on an 
additional property that forms part of the same portfolio have been exchanged. 
The purchase price for all nine assets was approximately GBP49 million with a 
net initial yield of circa 9.00 per cent 
 
Placing and EGM 
 
The Placing is subject to shareholders approving certain Resolutions at the 
Extraordinary General Meeting, which will be convened for 11.00 a.m. on 4 May 
2010, at which shareholders will be asked to consider and, if thought fit, 
approve the Resolutions required, amongst other things, to dis-apply the 
pre-emption rights contained in the articles of incorporation of the Company and 
to implement the Placing. The Placing Shares will be issued credited as fully 
paid and will rank on Admission pari passu in all respects with the existing 
Ordinary Shares. 
 
Four Directors of the Company, David Lockhart, Paul Roy, Peter Tom and Serena 
Tremlett have committed to subscribe for 120,000, 60,000, 20,000 and 2,000 
Placing Shares, respectively, at the Placing Price, pursuant to the Placing. 
Following the Placing, David Lockhart, Paul Roy, Peter Tom, and Serena Tremlett 
will have interests in 1,580,000, 360,000, 40,000, and 6,000 Ordinary Shares, 
respectively, representing 10.65, 2.43, 0.27, and 0.04 per cent, respectively, 
of the enlarged issued share capital of the Company. 
 
Application will be made to the London Stock Exchange and to the Daily Official 
List of the Channel Islands Stock Exchange, LBG for the Placing Shares to be 
admitted to trading on AIM and CISX. It is expected that Admission will become 
effective and that dealings in the Placing Shares will commence on AIM at 8.00 
a.m. on 5 May 2010. 
 
Details of the Extraordinary General Meeting are set out in the Notice of 
Extraordinary General Meeting provided at the end of the shareholder circular 
(the "Circular") to be posted to shareholders on 13 April 2010. The Circular 
will also be available on the Company's website, www.newriverretail.com, at 
which press releases detailing the company's investment activity to date can 
also be found. 
 
The Placing has been undertaken by Cenkos Securities Plc. The Company was 
advised by Kinmont. 
 
Ends 
 
For further information please contact: 
 
NewRiver Retail Limited                                              Tel: 01481 
735540 
Serena Tremlett 
 
Pelham Bell Pottinger                                                 Tel: 0207 
861 3232 
David Rydell / Rosanne Perry 
 
Cenkos Securities Plc                                                  Tel: 0207 
397 8900 
(Nominated Adviser) 
Ian Soanes / Max Hartley 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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