REG - Northern Bear Plc - Exercise of Options

Northern BearAnnouncement

07/03/2024 14:30

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RNS Number : 0452G  Northern Bear Plc  07 March 2024

7 March 2024

Northern Bear plc

("Northern Bear" or the "Company")

 

Exercise of Options

Northern Bear (LSE:NTBR), the AIM quoted group headquartered in Northern
England providing specialist building and support services to customers
across the UK, announces that it has received notice of the exercise of
options over 25,000 ordinary shares of 1 penny each in the capital of the
Company ("Ordinary Shares") by certain employees of the Company and its
subsidiaries, at an exercise price of 28.5 pence per Ordinary Share (the
"Options Exercise").

The Company has transferred 25,000 Ordinary Shares out of treasury to satisfy
the Options Exercise.

The Company's issued share capital now consists of 13,750,276 Ordinary Shares
with voting rights. In addition, Northern Bear holds 5,267,040 Ordinary Shares
in treasury. The aforementioned figure of 13,750,276 Ordinary Shares 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                               +44 (0) 166 182 0369

 Harry Samuel - Interim Non-Executive Chairman

 Tom Hayes - Finance Director

 Strand Hanson Limited (Nominated Adviser)       +44 (0) 20 7409 3494

 James Harris

 James Bellman

 Hybridan LLP (Nominated Broker)                 +44 (0) 20 3764 2341

 Claire Louise Noyce

 

 

 

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