Business
Exercise of Options
Exercise of Options.
About this update from Northern Bear Plc
[{"type":"text","content":"\n\n7 March 2024\nNorthern Bear plc\n(\"Northern Bear\" or the \"Company\")\n \nExercise of Options\nNorthern Bear (LSE:NTBR), the AIM quoted group headquartered in Northern England providing specialist building and support services to customers across the UK, announces that it has received notice of the exercise of options over 25,000 ordinary shares of 1 penny each in the capital of the Company (\"Ordinary Shares\") by certain employees of the Company and its subsidiaries, at an exercise price of 28.5 pence per Ordinary Share (the \"Options Exercise\"). \nThe Company has transferred 25,000 Ordinary Shares out of treasury to satisfy the Options Exercise.\nThe Company's issued share capital now consists of 13,750,276 Ordinary Shares with voting rights. In addition, Northern Bear holds 5,267,040 Ordinary Shares in treasury. The aforementioned figure of 13,750,276 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.\n \nFor further information, please contact:\n\n\n\n\nNorthern Bear PLC\nHarry Samuel - Interim Non-Executive Chairman\nTom Hayes - Finance Director\n\n\n+44 (0) 166 182 0369\n \n\n\n\n\n \nStrand Hanson Limited (Nominated Adviser)\nJames Harris\nJames Bellman\n\n\n \n+44 (0) 20 7409 3494\n\n\n\n\n \nHybridan LLP (Nominated Broker)\nClaire Louise Noyce\n\n\n \n+44 (0) 20 3764 2341\n\n\n\n\n \n \n \n\n","length":4226,"tagName":"div"}]