9 September 2014
Northern Bear PLC
("Northern Bear" or the "Company")
Holding in Company
Northern Bear announces that on 3 September 2014 it received notification that Mr. Jon Pither, a significant shareholder in the Company, transferred 2,371,114 ordinary shares of 1 pence each in the Company (the "Ordinary Shares") to Surrey Management Services Ltd. on 3 September 2014, a company of which he is a beneficiary (the "Transaction").
In addition, the Company was also notified on 3 September 2014 that Surrey Management Services Ltd. sold 10,000 Ordinary Shares in the market on 2 September 2014.
Following the Transaction, Mr. Pither remains interested in 3,061,914 Ordinary Shares, representing approximately 17.32 per cent. of the Company's issued share capital.
For further information please contact:
Northern Bear Plc |
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Steve Roberts - Executive Chairman |
+44 (0) 84 5680 2369 |
Tom Hayes - Finance Director |
+44 (0) 84 5680 2369
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Strand Hanson Limited |
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James Harris / James Spinney |
+44 (0) 20 7409 3494 |