7th May 2008 07:00
Northern Bear Plc07 May 2008 Northern Bear Plc ("Northern Bear" or the "Company") Issue of Equity Pursuant to the sale and purchase agreement entered into in connection with theCompany's acquisition of A1 Industrial Trucks Limited, announced on 2 April2008, the Board of Northern Bear has issued a further 224,168 ordinary shares of1p each in the Company ("Ordinary Shares") by way of additional considerationfollowing the finalisation of completion accounts, at an issue price of £1.20per share, having a value of approximately £269,000. The shares will rank pari passu with the existing issued Ordinary Shares.Application has been made for the 224,168 new Ordinary Shares to be admitted totrading on AIM and dealings are expected to commence on 12 May 2008. Following the issue of these shares the Company's total outstanding issued sharecapital will consist of 18,752,807 Ordinary Shares with voting rights. Enquiries please contact: Northern Bear PlcGraham Forrest, Chief Executive0191 371 2934 Strand Partners LimitedJames Harris / Braden Saunders020 7409 3494 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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