23 December 2016
Northern Bear PLC
("Northern Bear" or the "Company")
Director's Dealing
Northern Bear announces that it was notified on 22 December 2016 that Keith Soulsby, a Director of the Company, became interested in a further 40,530 ordinary shares of 1p each in the Company (the "Ordinary Shares") though the acquisition of Ordinary Shares by Wensley Roofing Ltd Directors Pension Scheme, of which Mr. Soulsby is a beneficiary, at a price of 48.95 pence per Ordinary Share on 22 December 2016 (the "Transaction").
Following the Transaction, Mr. Soulsby is now interested in 771,011 Ordinary Shares, representing approximately 4.36 per cent. of the share capital of the Company.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Keith Soulsby |
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2. |
Reason for the Notification |
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a) |
Position/status |
Director of the Company |
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b) |
Initial notification/amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Northern Bear plc |
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b) |
LEI |
21380039N5EBUGAE7T76 |
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4. |
Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary shares of 1 pence each |
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Identification code |
GB00B19FLM15 |
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b) |
Nature of the Transaction |
Purchase of ordinary shares |
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c) |
Price(s) and volume(s) |
|
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d) |
Aggregated information Aggregated volume Price |
N/A (Single transaction) |
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e) |
Date of the transaction |
22 December 2016 |
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f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
For further information, please contact:
Northern Bear PLC Steve Roberts - Executive Chairman Tom Hayes - Finance Director |
+44 (0) 166 182 0369 +44 (0) 166 182 0369
|
Strand Hanson Limited (Nominated Adviser and Broker) James Harris James Spinney James Bellman |
+44 (0) 20 7409 3494 |
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
**ENDS**