Director Dealing

RNS Number : 7734G

Northern Bear Plc

25 July 2019

 

25 July 2019

Northern Bear plc

("Northern Bear" or the "Company")

Director Dealing

Northern Bear announces that it was notified on 25 July 2019 that Wensley Roofing Ltd Directors Pension Scheme, of which Keith Soulsby, a director of the Company, is one of the beneficiaries, sold 100,000 ordinary shares of 1p each in the Company (the "Ordinary Shares") at a price of 65.55 pence per Ordinary Share on 25 July 2019 (70,000 Ordinary Shares) and 24 July 2019 (30,000 Ordinary Shares) (the "Transactions").

Following the Transactions, Mr. Soulsby is now interested in 671,011 Ordinary Shares, comprising 173,191 Ordinary Shares held by Wensley Roofing Ltd Directors Pension Scheme and 497,820 Ordinary Shares held directly by Mr. Soulsby and his spouse, representing, in aggregate, approximately 3.6 per cent. of the share capital of the Company. The Transactions were made by Wensley Roofing Ltd Directors Pension Scheme in order to realise assets for the distribution of pension benefits.

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 Spinney James Bellman	[phone]

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").

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
a)	Name	Keith Soulsby
2.	Reason for the Notification
a)	Position/status	Director of the Company
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Northern Bear plc
b)	LEI	21380039N5EBUGAE7T76
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
a)	Description of the Financial instrument, type of instrument	Ordinary shares of 1 pence each
	Identification code	GB00B19FLM15
b)	Nature of the Transaction	Sale of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 65.55p 65.55p 30,000 (24 July 2019) 70,000 (25 July 2019)
d)	Aggregated information Aggregated volume Price	N/A (Single transaction)
e)	Date of the transaction	24 & 25 July 2016
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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