NewRiver REIT (NRR)

Sector:

Real Estate

Index:

FTSE Small Cap

79.10p
   
  • Change Today:
    -0.60p
  • 52 Week High: 83.00
  • 52 Week Low: 65.20
  • Currency: UK Pounds
  • Shares Issued: 475.47m
  • Volume: 590,750
  • Market Cap: £376.10m

NewRiver REIT agrees terms for possible purchase of Capital & Regional

By Alexander Bueso

Date: Wednesday 18 Sep 2024

LONDON (ShareCast) - (Sharecast News) - NewRiver REIT reached a potential agreement to acquire Capital & Regional in a cash and share transaction.
Under the terms of the proposed purchase, NewRiver would pay a 21% premium versus its target's undisturbed price prior to the announcement of its intentions in May.

The implied value of the offer terms was 62.5p per share or £147m, comprising 31.25p in cash and 0.41946 shares of NewRiver for each of Capital & Regional's.

The latter's shareholders would continue to be entitled to the interim dividend for the six months to 30 June.

They would also be entitled to NewRiver's payout for the six months to 30 September, which would be of not less than 3.0p per share.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

NewRiver REIT Market Data

Currency UK Pounds
Share Price 79.10p
Change Today -0.60p
% Change -0.75 %
52 Week High 83.00
52 Week Low 65.20
Volume 590,750
Shares Issued 475.47m
Market Cap £376.10m

NewRiver REIT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.85% below the market average51.85% below the market average51.85% below the market average51.85% below the market average51.85% below the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average
Price Trend
33.33% above the market average33.33% above the market average33.33% above the market average33.33% above the market average33.33% above the market average
22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average
Income
58.47% above the market average58.47% above the market average58.47% above the market average58.47% above the market average58.47% above the market average
68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average
Growth
63.71% below the market average63.71% below the market average63.71% below the market average63.71% below the market average63.71% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

NewRiver REIT Dividends

  Latest Previous
  Final Interim
Ex-Div 19-Jun-25 19-Dec-24
Paid 08-Aug-25 28-Jan-25
Amount 3.50p 3.00p

Trades for 03-Jun-2025

Time Volume / Share Price
12:54 200 @ 79.51p
12:52 7,619 @ 79.38p
12:51 866 @ 79.49p
11:40 100,000 @ 79.25p
12:39 4,445 @ 79.46p

NewRiver REIT Key Personnel

CEO Allan Lockhart
CFO Will Hobman

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