REG - Northern Bear Plc - Holding(s) in Company

Northern BearAnnouncement

11/11/2019 16:10

RNS Number : 0238T
Northern Bear Plc
11 November 2019
 


11 November 2019
Northern Bear plc
("Northern Bear" or the "Company")
 
Holdings in Company
 
Northern Bear plc (NTBR) was today informed that, pursuant to the tender offer by Cedarvale Holdings Ltd ("Cedarvale") announced on 26 September 2019 and concluded on 25 October 2019 (for which the settlement deadline was 7 November 2019) (the "Tender Offer"), Radmat Building Products Limited ("Radmat") sold its entire holding of 2,144,953 ordinary shares of 1p each in the Company ("Ordinary Shares") and Mr Jon Pither, who previously held 863,956 Ordinary Shares, disposed of Ordinary Shares on such that he no longer holds a notifiable interest .
As a result of the Tender Offer, Cedarvale and its beneficial owner, Jeff Baryshnik, hold a total of 4,736,717 Ordinary Shares, representing approximately 25.6 per cent. 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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