Share Issue/Capital Change • Apr 1, 2014
Share Issue/Capital Change
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National Storage Mechanism | Additional information
RNS Number : 7300D
Northern Bear Plc
01 April 2014
01 April 2014
Northern Bear PLC
("Northern Bear" or the "Company")
Grant of Options
Northern Bear announces that the Company has granted options over, in aggregate, 530,000 ordinary shares of 1p each (the "Ordinary Shares") under an HMRC approved option scheme.
The options are exercisable at 28.5p per share, being the closing price of the Company's Ordinary Shares on 6 March 2014 (being the last day before the Company made the offer of the option grant). These options are exercisable from 7 March 2017 until 7 March 2024, provided that the option holder is still an officer or employee of the Company.
The following Executive Directors of the Company have been granted options:
| Director | Number of Options Granted | Total Number of Options Held |
| Steven Roberts | 60,000 | 60,000 |
| Graham Jennings | 60,000 | 60,000 |
| Keith Soulsby | 60,000 | 60,000 |
| Tom Hayes | 10,000 | 10,000 |
For further information please contact:
| Northern Bear Plc | |
| Steve Roberts - Executive Chairman | +44 (0) 84 5680 2369 |
| Tom Hayes - Finance Director | +44 (0) 84 5680 2369 |
| Strand Hanson Ltd | |
| James Harris / James Spinney | +44 (0) 20 7409 3494 |
This information is provided by RNS
The company news service from the London Stock Exchange
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