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NewRiver REIT ( (GB:NRR) ) has issued an announcement.
NewRiver REIT announced that its CEO, Allan Lockhart, exercised 357,542 nil-cost options under the company’s Performance Share Plan 2016, with 50% vesting based on performance conditions. Lockhart sold 168,890 shares to cover tax liabilities, resulting in an increased beneficial interest of 1,022,017 Ordinary Shares. This transaction aligns with UK Market Abuse Regulation requirements and reflects the company’s ongoing commitment to aligning executive interests with shareholder value.
The most recent analyst rating on (GB:NRR) stock is a Buy with a £80.00 price target. To see the full list of analyst forecasts on NewRiver REIT stock, see the GB:NRR Stock Forecast page.
Spark’s Take on GB:NRR Stock
According to Spark, TipRanks’ AI Analyst, GB:NRR is a Outperform.
NewRiver REIT’s strong financial performance and attractive valuation are key strengths, supported by positive technical indicators and strategic corporate events. However, high leverage and refinancing needs present potential risks.
To see Spark’s full report on GB:NRR stock, click here.
More about NewRiver REIT
NewRiver REIT is a real estate investment trust focused on the retail property sector in the United Kingdom. The company primarily deals with the acquisition, management, and development of retail and leisure properties, aiming to generate sustainable income and capital growth for its shareholders.
Average Trading Volume: 1,221,199
Technical Sentiment Signal: Sell
Current Market Cap: £289.3M
Find detailed analytics on NRR stock on TipRanks’ Stock Analysis page.