Northern Bear Plc Exercise of Options (7208K)
April 12 2018 - 5:35AM
UK Regulatory
TIDMNTBR
RNS Number : 7208K
Northern Bear Plc
12 April 2018
12 April 2018
Northern Bear plc
("Northern Bear" or the "Company")
Exercise of Options
Northern Bear announces that it has received notice of the
exercise of options over, in aggregate, 35,000 ordinary shares of 1
penny each in the capital of the Company ("Ordinary Shares"),
comprising 15,000 options at an exercise price of 45.75 pence per
Ordinary Share and 20,000 options at an exercise price of 28.5
pence per Ordinary Share (the "Options Exercise").
The Company has transferred 35,000 Ordinary Shares out of
treasury to satisfy the Options Exercise. The Company's issued
share capital now consists of 18,511,722 Ordinary Shares with
voting rights. In addition, Northern Bear holds 369,540 Ordinary
Shares in treasury. The aforementioned figure of 18,511,722
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
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
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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