Last checked at 29 Jul 2019 15:50
29 July 2019
Northern Bear plc
("Northern Bear" or the "Company")
Director Dealing
Northern Bear announces that it was notified on 29 July 2019 that Wensley Roofing Ltd Directors Pension Scheme, of which Keith Soulsby, a director of the Company, is one of the beneficiaries, sold 173,191 ordinary shares of 1p each in the Company (the "Ordinary Shares") at a price of 66 pence per Ordinary Share on 25 July 2019 (50,000 Ordinary Shares) and 29 July 2019 (123,191 Ordinary Shares) (the "Transactions").
Following the Transactions, Mr. Soulsby and his spouse are now directly interested in 497,820 Ordinary Shares representing, in aggregate, approximately 2.69 per cent. of the share capital of the Company. Wensley Roofing Ltd Directors Pension Scheme holds no further Ordinary Shares in 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 | +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").
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) |
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d) | Aggregated information Aggregated volume Price | N/A (Single transaction) | ||||
e) | Date of the transaction | 25 July 2019 and 29 July 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||