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NewRiver REIT ( (GB:NRR) ) just unveiled an update.
NewRiver REIT announced that its CEO, Allan Lockhart, exercised 181,450 nil-cost options under the company’s Deferred Bonus Plan, resulting in an increase of his beneficial shareholding to 726,280 shares. This transaction, conducted on the London Stock Exchange, involved selling 85,711 shares to cover tax liabilities and was carried out without issuing new shares, as it was fulfilled using shares from the Employee Benefit Trust. The action aligns with regulatory requirements under the UK Market Abuse Regulation.
More about NewRiver REIT
NewRiver REIT plc operates in the real estate investment trust (REIT) industry, focusing on the acquisition and management of retail and leisure assets in the UK market. The company is known for its strategy of enhancing the value of its properties through active management and redevelopment.
YTD Price Performance: -0.34%
Average Trading Volume: 631,286
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £373.1M
See more data about NRR stock on TipRanks’ Stock Analysis page.
