Last checked at 23 Sep 2016 11:15
23 September 2016
Northern Bear PLC
("Northern Bear" or the "Company")
Director's Dealing
Northern Bear announces that it was notified, on 22 September 2016, that Graham Jennings, Managing Director of the Company, purchased 22,222 ordinary shares of 1p each in the Company (the "Ordinary Shares") at a price of 45.0 pence per Ordinary Share on 22 September 2016 (the "Transaction").
Following the Transaction, Mr. Jennings is now interested in 1,276,260 Ordinary Shares, representing approximately 7.22 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 | |||||
a) | Name | Graham Jennings | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Managing 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 | Purchase of ordinary shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information Aggregated volume Price | N/A (Single transaction) | ||||
e) | Date of the transaction | 22 September 2016 | ||||
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**