REG - Northern Bear Plc - Director Dealing

Northern BearAnnouncement

25/07/2019 16:25

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




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)




65.55p
65.55p


30,000 (24 July 2019)
70,000 (25 July 2019)








d)


Aggregated information
Aggregated volume Price


N/A (Single transaction)




e)


Date of the transaction


24 & 25 July 2016




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)



 
 
 




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END
 
 
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