NewRiver REIT PLC Directorate Change (7291T)
10 Gennaio 2017 - 8:00AM
UK Regulatory
TIDMNRR
RNS Number : 7291T
NewRiver REIT PLC
10 January 2017
10 January 2017
NewRiver REIT plc
("the Company")
DIRECTORATE CHANGE
In accordance with Listing Rule 9.6.11, NewRiver announces that
Chris Taylor has notified his intention to step down as a
Non-Executive Director, effective from 9 April 2017.
Chris, who joined the Board in March 2012 and has played a key
role in the growth of NewRiver during that period, is to focus on
his increasing responsibilities at Hermes Investment Management,
where he is the Head of Private Markets. A search for a replacement
is to be commenced immediately.
Paul Roy, Non-Executive Chairman of NewRiver, said: "On behalf
of the Board I would like to thank Chris for his major contribution
to NewRiver. Chris has been a very strong advocate of the NewRiver
business model and has brought considerable experience and insight
to the Board. Chris played a key role in supporting the Board and
management during many asset acquisitions and capital raisings
which has helped propel the Company into the FTSE 250."
Chris Taylor said: "It has been a great privilege to act as the
Senior Independent Non-Executive Director for NewRiver during a
five year period of impressive growth. The Company has successfully
established itself as a leading REIT within the retail sector,
delivering exceptional returns to its investors who have been
attracted by the Company's clear investment strategy and ability to
generate attractive dividend returns."
ends
About NewRiver
NewRiver REIT plc (ticker: NRR) is a premium listed REIT on the
London Stock Exchange and a constituent of the FTSE 250 and EPRA
indices. The Company is a specialist real estate investor, asset
manager and developer focused solely on the UK retail and leisure
sector.
Founded in 2009, NewRiver is one of the UK's largest
owner/managers of convenience-led shopping centres with assets
under management of GBP1.3 billion principally comprising 33 UK
wide shopping centres together with further nationwide retail and
leisure assets. The portfolio totals over 8 million sq. ft. with
over 2,000 occupiers, an annual footfall of 150 million and a
retail occupancy rate of 96 per cent. Visit nrr.co.uk for further
information.
For further information
+44 (0)20 3328
NewRiver REIT plc 5800
David Lockhart (Chief Executive)
Mark Davies (Chief Financial
Officer)
Will Hobman (Head of Investor
Relations)
+44 (0)20 3772
Bell Pottinger 2500
David Rydell
David Bass
James Newman
Eve Kirmatzis
This information is provided by RNS
The company news service from the London Stock Exchange
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