Northern Bear Plc Director Dealing (7734G)
25 Julio 2019 - 10:20AM
UK Regulatory
TIDMNTBR
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 +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
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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
-------------------------------- ----------------------------------
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 Ordinary shares of 1 pence each
instrument, type of instrument
-------------------------------- ----------------------------------
Identification code GB00B19FLM15
-------------------------------- ----------------------------------
b) Nature of the Transaction Sale of ordinary shares
-------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
65.55p 30,000 (24 July
2019)
65.55p 70,000 (25 July
2019)
-----------------
-------------------------------- ----------------------------------
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
-------------------------------- ----------------------------------
e) Date of the transaction 24 & 25 July 2016
-------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
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This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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