NewRiver REIT PLC Response to press speculation (6492O)
May 21 2018 - 2:00AM
UK Regulatory
TIDMNRR
RNS Number : 6492O
NewRiver REIT PLC
21 May 2018
NewRiver REIT plc
("NewRiver" or the "Company")
Response to Press Speculation
NewRiver notes press comment regarding the potential acquisition
of Hawthorn Leisure Holdings Limited ("Hawthorn"). NewRiver
confirms that it has entered a period of exclusivity with Hawthorn
and its major shareholder regarding a potential acquisition of the
business. A transaction, if completed, would be funded from
NewRiver's existing resources. There can be no certainty that a
transaction will be concluded and a further announcement, as
appropriate, will be made as soon as practicable.
For further information
+44 (0)20 3328
NewRiver REIT plc 5800
Allan Lockhart (Chief Executive)
Mark Davies (Chief Financial Officer)
Will Hobman (Head of Investor
Relations)
Finsbury +44 (0)20 7251 3801
Gordon Simpson
This announcement contains inside information as defined in
Article 7 of the EU Market Abuse Regulation No 596/2014 and has
been announced in accordance with the Company's obligations under
Article 17 of that Regulation.
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 community shopping centres with a
property portfolio of GBP1.3 billion principally comprising 33 UK
wide shopping centres together with further nationwide retail and
leisure assets. The portfolio totals 8 million sq. ft. with over
2,000 occupiers, an annual footfall of 150 million and a retail
occupancy rate of 97 per cent. Visit www.nrr.co.uk for further
information.
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Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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