Report from Yusuf Samad
I attended the NewRiver REIT AGM. There were initial comments by Allan Lockhart, CEO and a good Q&A session covering about 20 questions. I have captured the key points from the introduction by Allan and the Q&A session including some data from the reports. Mark Bentley was also at the AGM.
Management Buying Shares
A shareholder asked about buybacks and management buying since the share price drop. The Chairman has bought some shares. The management has been buying mainly through their options. Mark Davies exercised options and retained shares after selling some for taxes.
I have provided a Summary of Directors Interests below…
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