Skip to main content
  • Register
  • Help
  • Contact us
  • Log out of your HL account

Northern Bear Plc (NTBR) Ord Gbp0.01

Sell:70.00p Buy:73.00p 0 Change: No change
Market closed Prices as at close on 18 November 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Northern Bear Plc Ord Gbp0.01

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 14 Oct 2019)

What is happening?

 

Northern Bear plc has announced details of a Tender Offer by Cedarvale Holdings Ltd to purchase approximately 29.6% of its Issued Share Capital. You have two options to consider before our noon on Wednesday 23 October 2019 deadline.

 

The Tender Offer enables Shareholders to tender all or part of their Shareholdings. Each Shareholder has a Basic Entitlement to tender (i.e. elect to sell) 29.6% of their Shares held.

 

The Tender Offer Price is 72p per Share. Please note that Tender elections may be subject to pro rata scaling back at the discretion of the Company.

 

What are my options?

 

Option 1 – Tender a number of Ordinary Shares. If you wish to tender a number of Shares please give us your instruction by noon on Wednesday 23 October 2019, at which point any tendered Shares will be removed from your portfolio. Cash resulting from a successful tender is expected to be credited to your Account on or before 7 November 2019.

 

Option 2 – Take no action. Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:70.00p
Buy:73.00p
Change: No change
Market closed Prices as at close on 18 November 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Northern Bear Plc Ord Gbp0.01

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 14 Oct 2019)

What is happening?

 

Northern Bear plc has announced details of a Tender Offer by Cedarvale Holdings Ltd to purchase approximately 29.6% of its Issued Share Capital. You have two options to consider before our noon on Wednesday 23 October 2019 deadline.

 

The Tender Offer enables Shareholders to tender all or part of their Shareholdings. Each Shareholder has a Basic Entitlement to tender (i.e. elect to sell) 29.6% of their Shares held.

 

The Tender Offer Price is 72p per Share. Please note that Tender elections may be subject to pro rata scaling back at the discretion of the Company.

 

What are my options?

 

Option 1 – Tender a number of Ordinary Shares. If you wish to tender a number of Shares please give us your instruction by noon on Wednesday 23 October 2019, at which point any tendered Shares will be removed from your portfolio. Cash resulting from a successful tender is expected to be credited to your Account on or before 7 November 2019.

 

Option 2 – Take no action. Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:70.00p
Buy:73.00p
Change: No change
Market closed Prices as at close on 18 November 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Northern Bear Plc Ord Gbp0.01

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 14 Oct 2019)

What is happening?

 

Northern Bear plc has announced details of a Tender Offer by Cedarvale Holdings Ltd to purchase approximately 29.6% of its Issued Share Capital. You have two options to consider before our noon on Wednesday 23 October 2019 deadline.

 

The Tender Offer enables Shareholders to tender all or part of their Shareholdings. Each Shareholder has a Basic Entitlement to tender (i.e. elect to sell) 29.6% of their Shares held.

 

The Tender Offer Price is 72p per Share. Please note that Tender elections may be subject to pro rata scaling back at the discretion of the Company.

 

What are my options?

 

Option 1 – Tender a number of Ordinary Shares. If you wish to tender a number of Shares please give us your instruction by noon on Wednesday 23 October 2019, at which point any tendered Shares will be removed from your portfolio. Cash resulting from a successful tender is expected to be credited to your Account on or before 7 November 2019.

 

Option 2 – Take no action. Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Share news, reports & tips

  • Northern Bear roars ahead in Q2

    15 October 2019 10:23

    (Sharecast News) - Building services provider Northern Bear saw trading improve throughout the second quarter after a number of contract delays impacted the group's first three months of the year.

  • Northern Bear trades in line with expectations

    11 March 2019 08:27

    (Sharecast News) - After a strong start to the 2019, building services outfit Northern Bear expects to report an annual result in line with its previous year.

  • Northern Bear profits raise the roof in first half

    12 November 2018 09:25

    (Sharecast News) - AIM-listed building services provider Northern Bear saw profits soar in the first half of its trading year, boosted by a rather strong showing from its roofing and specialist services wing.

  • Northern Bear makes good trading progress in first half

    20 September 2018 14:17

    (Sharecast News) - Northern Bear updated the market on its trading for the six month period to 30 September on Thursday, reporting that its unaudited interim results would show operating profit ahead of...

  • Northern Bear ups dividend after 'great set of results'

    16 July 2018 08:42

    (Sharecast News) - Newcastle-based construction services firm Northern Bear on Monday upped its dividend increase after reporting growth in profits and revenue.

  • Northern Bear slumps as it sells loss making subsidiary

    3 April 2017 09:19

    (ShareCast News) - Shares in Northern Bear slumped on Monday after the building services company announced it had sold its loss-making subsidiary Chirmarn for £50,000 and said that full year results would...

Company announcements Announcements


Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. This news service is operated by Digital Look Ltd. Republication or redistribution of Digital Look Ltd content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd. Please see http://www.DigitalLook.com/newsfeedterms for our terms and conditions.

© Digital Look Ltd 1998-2019. All rights reserved.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.