TIDMNTBR

RNS Number : 0238T

Northern Bear Plc

11 November 2019

11 November 2019

Northern Bear plc

("Northern Bear" or the "Company")

Holdings in Company

Northern Bear plc (NTBR) was today informed that, pursuant to the tender offer by Cedarvale Holdings Ltd ("Cedarvale") announced on 26 September 2019 and concluded on 25 October 2019 (for which the settlement deadline was 7 November 2019) (the "Tender Offer"), Radmat Building Products Limited ("Radmat") sold its entire holding of 2,144,953 ordinary shares of 1p each in the Company ("Ordinary Shares") and Mr Jon Pither, who previously held 863,956 Ordinary Shares, disposed of Ordinary Shares on such that he no longer holds a notifiable interest .

As a result of the Tender Offer, Cedarvale and its beneficial owner, Jeff Baryshnik, hold a total of 4,736,717 Ordinary Shares, representing approximately 25.6 per cent. of the Company's issued share capital.

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

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.

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November 11, 2019 11:07 ET (16:07 GMT)

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