REG - Northern Bear Plc - Further re: Tender Offer

Northern BearAnnouncement

17/10/2019 07:05

RNS Number : 1472Q
Northern Bear Plc
17 October 2019
 


17 October 2019
Northern Bear plc
("Northern Bear" or the "Company")
 
Further re: Tender Offer
 
Further to the announcement made by Cedarvale Holdings on 26 September 2019 announcing its tender offer to purchase up to 5,400,000 ordinary shares in the capital of Northern Bear at 72 pence per share, which closes at 1.00 p.m. on 24 October 2019 (the "Tender Offer"), the Directors of Northern Bear wish to announce that they are not intending to accept the Tender Offer in respect of their beneficial holdings of Ordinary Shares, which, in aggregate, represent 15.9% of the Company's issued share capital.
 
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



 
 




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