Director Dealing

RNS Number : 6849K

Northern Bear Plc

23 September 2016

 

23 September 2016

Northern Bear PLC

("Northern Bear" or the "Company")

Director's Dealing

Northern Bear announces that it was notified, on 22 September 2016, that Graham Jennings, Managing Director of the Company, purchased 22,222 ordinary shares of 1p each in the Company (the "Ordinary Shares") at a price of 45.0 pence per Ordinary Share on 22 September 2016 (the "Transaction").

Following the Transaction, Mr. Jennings is now interested in 1,276,260 Ordinary Shares, representing approximately 7.22 per cent. of the share capital of the Company.

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	Graham Jennings
2.	Reason for the Notification
a)	Position/status	Managing 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	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 45p 22,222
d)	Aggregated information Aggregated volume Price	N/A (Single transaction)
e)	Date of the transaction	22 September 2016
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

For further information, please contact:

Northern Bear PLC Steve Roberts - Executive Chairman Tom Hayes - Finance Director	[phone] [phone]
Strand Hanson Limited (Nominated Adviser and Broker) James Harris James Spinney James Bellman	[phone]

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").

**ENDS**

 

END

 

 

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