Northern Bear Plc Director Dealing (6849K)

TIDMNTBR

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               Ordinary shares of 1 pence 
       Financial instrument,            each 
       type of instrument 
---  -------------------------------  ---------------------------- 
      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           N/A (Single transaction) 
       Aggregated volume 
       Price 
---  -------------------------------  ---------------------------- 
 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                     +44 (0) 166 
  Steve Roberts - Executive               182 0369 
  Chairman                             +44 (0) 166 
  Tom Hayes - Finance Director            182 0369 
 Strand Hanson Limited (Nominated 
  Adviser and Broker) 
  James Harris 
  James Spinney                         +44 (0) 20 
  James Bellman                          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").

**ENDS**

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 23, 2016 06:15 ET (10:15 GMT)