EBT Share Purchase Programme
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NewRiver announces that Computershare Trustees (Jersey) Limited (the "Trustee"), as Trustee of the NewRiver REIT plc Employee Benefit Trust (the "EBT"), has purchased 2,749,410 ordinary shares of one penny each in the Company as follows:
| Date | Number of Ordinary Shares | Purchase Price | Purchase Price Per Share |
|---|---|---|---|
| 01/12/2023 | 70,000 | £60,900 | £0.870 |
| 04/12/2023 | 2,679,410 | £2,353,513 | £0.878 |
| TOTAL | 2,749,410 | £2,414,413 | £0.878 |
Following this transaction the EBT balance, once the trades are settled, will be 3,500,764 ordinary shares of one penny each (representing 1.12% of the Company's issued share capital) which are held unallocated by the EBT.
These purchases mark the completion of the EBT Share Purchase Programme to satisfy existing, planned and anticipated exercises of awards under the NewRiver employee share schemes or as otherwise permissible within the terms of the EBT Trust Deed. The EBT is a discretionary trust for the benefit of all the Company's Employees.
| NewRiver REIT plc | +44 (0)20 3328 5800 |
| Allan Lockhart (Chief Executive) Will Hobman (Chief Financial Officer) | |
| FGS Global | +44 (0)20 7251 3801 |
Gordon Simpson James Thompson
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