Conversion of Warrants
14 Settembre 2010 - 11:40AM
UK Regulatory
TIDMNRR
RNS Number : 6385S
NewRiver Retail Limited
14 September 2010
14 September 2010
NewRiver Retail Limited ("NewRiver" or "the Company")
Conversion of Warrants
NewRiver Retail Limited, the specialist value-creating retail property
investment and asset management company, announces that Cheviot Capital Nominees
Limited have converted 2,308 warrants into ordinary shares of no par value
("Ordinary Shares") at a subscription price of GBP2.44.
Application has been made to the London Stock Exchange and to the Daily Official
List of the Channel Islands Stock Exchange, LBG ("CISX") for the 2,308 Ordinary
Shares to be admitted to trading on AIM and the Official List of the CISX. It is
expected that Admission will become effective and that dealings in the Ordinary
Shares will commence on the CISX and AIM at 8.00 a.m. on 16 September 2010.
Following the issue of the Ordinary Shares, the Company's issued share capital
will consist of 14,838,508 Ordinary Shares with voting rights.
-ends-
For further details contact:
NewRiver Retail Limited
Serena Tremlett
Tel: 01481 735 540
NewRiver Capital Limited
David Lockhart
Tel: 0203 328 5800
Cenkos Securities
Ian Soanes
Max Hartley
Tel: 0207 397 8900
Pelham Bell Pottinger
Tel: 0207 861 3232
David Rydell
Rosanne Perry
About NewRiver
NewRiver Retail Limited is a specialist real estate investor and asset manager
with a particular focus on the UK retail sector. NewRiver Retail is advised on
property matters by its wholly-owned subsidiary, NewRiver Capital Limited, whose
management team, led by David Lockhart, have more than 50 years' combined
experience in UK commercial property markets. 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.
It is NewRiver's intention to become one of the leading sector-focused
value-creating property investment businesses operating in the UK retail sector.
The Company was founded in 2009 and its shares were admitted to London's AIM and
Channel Islands Stock Exchange (CISX) in September of the same year.
For more information on NewRiver, please visit www.newriverretail.com and
www.newrivercapital.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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