TIDMNRR

RNS Number : 3457A

NewRiver Retail Limited

18 February 2014

NewRiver Retail Limited

("NewRiver" or the "Company")

Result of Extraordinary General Meeting ("EGM") and Total Voting Rights

The Directors of NewRiver Retail Limited are pleased to announce that at its EGM held on Tuesday 18 February 2014 all the proposed resolutions, as set out in the EGM notice despatched to shareholders on 28 January 2014, were passed. Full details of the voting results are available on the Company's website at www.nrr.co.uk.

Accordingly, the Company has applied to the London Stock Exchange for 32,075,472 new ordinary shares of no par value each (the "Ordinary Shares") to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00am on 21 February 2014. The Ordinary Shares will rank pari passu with the existing ordinary shares in the capital of the Company then in issue, although, as announced previously, they will not be eligible for the special interim dividend of 10 pence per ordinary share announced on 28 January 2014 and payable on 28 March 2014 to shareholders on the Company's register of members at the close of business on 18 February 2014.

Following Admission, NewRiver's share capital will consist of 100,002,507 ordinary shares of no par value each, of which 624,000 are held in treasury. The total number of voting rights in the Company, excluding treasury shares, is therefore 99,378,507.

The above figure (99,378,507) may 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, NewRiver under the FCA's Disclosure and Transparency Rules.

-Ends-

For further information

 
 NewRiver Retail Limited                   Tel: 020 3328 5800 
  Paul Roy, Chairman 
  David Lockhart, Chief Executive 
  Mark Davies, Finance Director 
 Bell Pottinger                            Tel: 020 7861 3232 
  David Rydell/Guy Scarborough/Charlotte 
  Offredi 
 Liberum (Nominated Adviser &              Tel: 020 3100 2000 
  Broker) 
  Shane Le Prevost/Tim Graham/Simon 
  Atkinson

About NewRiver

NewRiver Retail is a specialist Aim-listed REIT focused solely on the UK food and value retail market and is fast-becoming the leading value-creating property investment platform in the sector.

The management team, with over 100 years combined experience in the UK commercial property market, actively engages with retailers, stakeholders and consumers. NewRiver Retail is the UK's third largest Shopping Centre owner/manager by number with total assets under management of GBP600 million principally comprising 25 UK wide shopping centres. The portfolio has in excess of 1,100 occupiers, a total of 4.6 million square feet, total annual footfall of over 112 million and an occupancy rate of 96 per cent.

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. Founded in 2009, NewRiver has become the UK's leading retail-focused property investment business. The Company's shares were admitted to London's AIM in September of the same year.

For more information on NewRiver, please visit www.nrr.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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