Appointment of Non-Executive Director

RNS Number : 2103F

Northern Bear Plc

06 March 2020

 

6 March 2020

Northern Bear plc

("Northern Bear" or the "Company")

Appointment of Non-Executive Director

Northern Bear, the AIM listed group of companies (together, the "Group") providing specialist building and support services to customers in Northern England and across the UK, is pleased to announce the appointment of Mr Jeff Baryshnik to the Board as a non-executive director of the Company with immediate effect.

Mr Baryshnik is the director and sole beneficial owner of Cedarvale Holdings Ltd. Mr Baryshnik, together with Cedarvale Holdings Ltd., holds 4,736,717 ordinary shares in the Company, representing approximately 25.6 per cent. of the Company's issued share capital. Cedarvale's interest in the Company was acquired pursuant to a tender offer announced on 26 September 2019.

Mr Baryshnik's principal occupation is as President of Republic Funds USA Inc, an asset management firm that advises its affiliated partnerships on real estate purchases, sales and asset management. Mr Baryshnik is a Trustee of True North Commercial Real Estate Investment Trust (TSX: TNT.UN), where he also serves on its Investment Committee. Prior to forming Republic Funds USA Inc, Mr Baryshnik worked at various financial services firms including Morgan Stanley and Citadel LLC. Jeff Baryshnik holds an MBA from New York University's Stern School of Business and an HBA from Western University's Richard Ivey School of Business.

Additional Information on Mr Baryshnik

The following additional information on Jeff Baryshnik is provided pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies.

Jeff Matthew Baryshnik (aged 40 )
Current Directorships / Partnerships	Past Directorships / Partnerships (last 5 years)
Adams Crossing LLC	3200 Breckinridge GP Corp.
Antigua Village LLC	Arbors GP Corp.
Baryshnik Group Inc.	Basswood GP Corp.
Brookhollow DeSoto GP Corp.	Highland Hills GP Corp.
Burgundy Apartments LLP	Republic Residential Realty Corp.
Casa de la Sierra GP Corp.
Cedarvale Holdings Ltd.
Crogman Lofts LLC
DFW Commerce Park GP Corp.
Friendly Properties Inc.
GP Aspen Woods LLC
GP Eastgate Apartments LLC
GP Kenwood Apartments LLC
GP Lakewood Apartments LLC
GP North Macon Office Park LLC
GP Oyster Point LLC
GP Primavera Apartments LLC
GP Republic Trinity Village LLC
GP Westbridge Apartments LLC
GP Wilmington Apartments LLC
GP Wingate Apartments LLC
Highland Woods LLC
Huron College Alumni Association at Western   University
Karen Lake Apartments LLC
Laurel Park Apartments
Newport Landing LLC
Portofino Apartments LLC
Regency Oaks Apartments LLC
Renters Aid Society
Republic Autumn Chase GP Corp.
Republic Corp. (USA)
Republic Corp. (Canada)
Republic Funds USA Inc.
Republic Residential Corp. (Delaware)
Republic Residential Corp. (Florida)
Reserve at Riverdale LLC
River Road Terrace LLC
Royal Lane GP Inc.
Royal Oak Apartments LLC
Rush Creek GP Corp.
Spanish Jon Apartments LLC
Spanish Rock Apartments LLC
Terra Vista Apartments LLC
True North Commercial General Partner Corp.
True North Commercial Real Estate Investment Trust
Tuscany Village LLC
Vista De la Sierra GP Corp
Waldorf Creek Apartments
Watersedge Apartments LLC
Windwood Apartments LLC

There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies.

For further information, please contact:

Northern Bear PLC Steve Roberts - Executive Chairman Tom Hayes - Finance Director	[phone]
Strand Hanson Limited (Nominated Adviser and Broker) James Harris James Bellman	[phone]

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.

 

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