REG - Northern Bear Plc - Exercise of Options

Northern BearAnnouncement

24/02/2020 13:05

RNS Number : 9313D
  
Northern Bear Plc
  
24 February 2020
  
 

24 February 2020
Northern Bear plc
("Northern Bear" or the "Company")
 
Exercise of Options
 
Northern Bear announces that it has received notice of the exercise of options over 10,000 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") by certain employees at an exercise price of 45.75 pence per Ordinary Share (the "Options Exercise").
 
The Company has transferred 10,000 Ordinary Shares out of treasury to satisfy the Options Exercise.
 
The Company's issued share capital now consists of 18,665,276 Ordinary Shares with voting rights. In addition, Northern Bear holds 352,040 Ordinary Shares in treasury. The aforementioned figure of 18,665,276  Ordinary Shares ("Enlarged Share Capital") may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Northern Bear under the Financial Conduct Authority's Disclosure and Transparency Rules.
 
 
 
 
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 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 Regulation (EU) No. 596/2014.


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