NewRiver Retail Limited Dividend Declaration (5495J)
08 Aprile 2015 - 8:00AM
UK Regulatory
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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