NewRiver Retail Limited Exercise of Warrants & Total Voting Rights (9487N)
01 Agosto 2014 - 8:00AM
UK Regulatory
TIDMNRR
RNS Number : 9487N
NewRiver Retail Limited
01 August 2014
NewRiver Retail Limited
("NewRiver" or the "Company")
Exercise of Warrants & Total Voting Rights
The Company has received notices to exercise warrants over a
total of 17,656 ordinary shares of no par value ("Ordinary Shares")
from HSBC Global Custody Nominee (UK) Limited at an exercise price
of 172 pence per Ordinary Share. Accordingly, the Company has
applied to the London Stock Exchange for the 17,656 Ordinary Shares
to be admitted to trading on AIM ("Admission"). It is expected that
Admission will occur at 8.00am on 5 August 2014. The Ordinary
Shares will rank pari passu with the existing ordinary shares in
the Company.
Following the exercise, NewRiver's share capital will consist of
100,289,544 ordinary shares of no par value, of which 624,000
ordinary shares are held in treasury. The total number of voting
rights in the share capital of the Company, excluding treasury
shares, is therefore 99,665,444.
The above figure (99,665,444) 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 in their
interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
Following the exercise, the total warrants outstanding currently
have rights to subscribe for 578,132 shares.
- Ends -
For further information:
NewRiver Retail Limited Tel: 020 3328 5800
David Lockhart, Chief Executive
Mark Davies, Finance Director
Bell Pottinger Tel: 020 7861 3232
David Rydell/David Bass/James
Newman
Liberum Tel: 020 3100 2000
Tim Graham/Simon Atkinson/Jamie
Richards
About NewRiver
NewRiver Retail Limited is an AIM listed REIT. The Company is a
specialist real estate investor and asset manager focusing solely
on UK retail with a particular focus on food and value
retailing.
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 assets under
management of approximately GBP600 million comprising 24 UK wide
shopping centres, 18 high street assets, one supermarket and a
portfolio of 202 public houses principally suitable for conversion
to alternative uses. The portfolio has in excess of 1,115
tenancies, a total of 4.6 million sq ft, total annual footfall of
over 100 million and a retail occupancy rate of 95 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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