Business
Results of the general meeting
NewRiver REIT plc announced that its general meeting on February 24, 2026, saw overwhelming shareholder support for a special resolution granting the company authority to purchase up to 10% of its ordinary shares, with 99.92% of votes cast in favour. Despite this significant mandate, the company stated it has no current plans to initiate a share buyback program. Disclaimer*
About this update from Newriver Reit Plc
[{"type":"text","content":"\n\nNewRiver REIT plc\n(\"NewRiver\" or the \"Company\")\n \nResults of the general meeting\n \n \nNewRiver REIT plc (\"NewRiver\"), a leading Real Estate Investment Trust specialising in buying, managing and developing resilient retail assets throughout the UK, is pleased to announce that at its general meeting held Tuesday 24 February 2026 at 4pm, the proposed special resolution seeking general authority for the Company to make market purchases of its own ordinary shares (\"Ordinary Shares\"), limited to up to 10 per cent of the Company's issued ordinary share capital (the \"Share Buyback Authority\") was passed on a poll. The Company has no current plans to commence any share buyback programme or otherwise to undertake any share buybacks.\n \n\n\n\n\nResolution\n\n\nTotal votes in favour\n \n\n\nTotal votes against\n\n\nTotal votes validly cast\n\n\nVotes withheld\n\n\n\n\nVotes\n\n\n% of votes cast**\n\n\nVotes\n\n\n% of votes cast**\n\n\nVotes***\n\n\nVotes\n\n\n\n\nTo authorise market purchases by the Company of its shares\n\n\n254,166,807\n\n\n99.92\n\n\n194,338\n\n\n0.08\n\n\n254,361,145\n\n\n92,102\n\n\n\n\n \n** Rounded to two decimal places.\n*** Votes 'For' and 'Against' are expressed as a percentage of the total votes received.\n \nVotes 'Withheld' are not a vote in law and have not been counted in the calculation of the votes 'For' and votes 'Against' the Resolutions or the total number of votes validly cast.\n \n-Ends-\n For further information\n\n\n\n\nNewRiver REIT plc\n\n\n\n\n\n\n\n\n\n\n\n+44 (0)20 3328 5800\n\n\n\n\nAllan Lockhart (Chief Executive)\nWill Hobman (Chief Financial Officer)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nFTI Consulting\n\n\n \n\n\n \n\n\n \n\n\n+44 (0)20 3727 1000\n\n\n\n\nDido Laurimore\nEve Kirmatzis\n\n\n \n\n\n \n\n\n \n\n\n \n \n\n\n\n\n\nAbout NewRiver\nNewRiver REIT plc (\"NewRiver\") is a leading Real Estate Investment Trust specialising in buying, managing and developing resilient retail assets throughout the UK.\nFollowing the completion of its acquisition of Capital & Regional in December 2024, NewRiver has a £0.8 billion UK wide portfolio covering 7.1 million sq ft, comprising 24 community shopping centres and 12 conveniently located retail parks occupied by tenants predominately foc...