Source - RNS
RNS Number : 6849K
Northern Bear Plc
23 September 2016
 

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)

Price(s)

Volume(s)

45p

22,222

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**


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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