Northern Bear Plc Exercise of Options (7671Y)
March 07 2017 - 8:01AM
UK Regulatory
TIDMNTBR
RNS Number : 7671Y
Northern Bear Plc
07 March 2017
7 March 2017
Northern Bear PLC
("Northern Bear" or the "Company")
Exercise of Options
Northern Bear announces that options over 145,000 ordinary
shares of 1 penny ("Ordinary Shares") at an exercise price of 28.5
pence per Ordinary Share have been exercised by employees of the
Company (the "Options Exercise").
The Company has transferred 145,000 Ordinary Shares out of
treasury to satisfy the Options Exercise. The Company's issued
share capital now consists of 17,815,184 Ordinary Shares with
voting rights. In addition, Northern Bear holds 604,540 Ordinary
Shares in treasury.
The aforementioned figure of 17,815,184 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
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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