TIDMNRR

RNS Number : 5495J

NewRiver Retail Limited

08 April 2015

NewRiver Retail Limited

("NewRiver" or "the Company")

Dividend Declaration

NewRiver Retail Limited (AIM: NRR), the UK REIT specialising in value-creating retail property investment and active asset management, announces that it has declared a fourth quarterly dividend of 4.25 pence per share in respect of the year ended 31 March 2015. The ex-dividend date will be 16 April 2015. The quarterly dividend will be payable as a REIT Property Income Distribution (PID) on 18 May 2015, to shareholders on the register at close of business on 17 April 2015. The total dividend for the year ended 31 March 2015 declared and paid to date will therefore amount to 17 pence Per Share.

-Ends-

For further information

 
 NewRiver Retail Limited            Tel: 020 3328 5800 
  David Lockhart, Chief 
  Executive 
  Mark Davies, Finance 
  Director 
 Bell Pottinger                     Tel: 020 3772 2500 
  David Rydell/James Newman/David 
  Bass 
 Liberum                            Tel: 020 3100 2000 
  Richard Crawley/Jamie 
  Richards 
 Peel Hunt LLP                      Tel: 020 7418 8900 
  Capel Irwin/Alex Vaughan/Hugh 
  Preston 
 

About NewRiver

NewRiver Retail Limited is an AIM listed REIT. The Company is a specialist real estate investor and asset manager focused solely on UK retail with a particular focus on food and value retailing. NewRiver Retail was named Property Company of the Year - Retail & Leisure at the Estates Gazette Awards at the close of 2014.

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 one of the UK's largest shopping centre owner/managers with assets under management of GBP811 million principally comprising 29 UK wide shopping centres, further nationwide retail assets and a portfolio of 202 public houses principally suitable for conversion to alternative uses. The portfolio has 1,384 occupiers, a total of over 5.4 million sq ft, total annual footfall of over 122 million and a retail 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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