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Northern Bear PLC

Director Dealing

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RNS Number : 0893H
Northern Bear Plc
29 July 2019
 

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)

Price(s)

Volume(s)

66p

66p

50,000 (25 July 2019)

123,191 (29 July 2019)

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)

 

 

 


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 [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: Northern Bear PLC

Price: £0.62

Market: AIM
Market Cap: £11.61 m
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