Northern Bear chief stake under 2m

Jul 02, 2009

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Support services group Northern Bear said chief executive Graham Forrest raised £150,000 and reduced his stake in the firm to under 2m shares.

Forrest disposed of 300,000 shares to a third party at a price of 50p each. He is now interested in 1.98m shares, which represents 10.46% of the group.

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Spirax-Sarco Engineering (SPX) Director name: Mr Mark Vernon Amount purchased: 4,383 @ 817.20p

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Eredene Capital (ERE) Director name: Mr Nikhil Manohar Naik Amount purchased: 158,000 @ 19.50p

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Severn Trent (SVT) Director name: Sir John Egan Amount purchased: 2,000 @ 1,103.50p

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Legal & General Group (LGEN) Director name: Sir Sir Robert J Margetts Amount purchased: 26,699 @ 57.30p

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KCOM Group (KCOM) Director name: Mr Paul Simpson Amount purchased: 51,851 @ 27.00p

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KCOM Group (KCOM) Director name: Mr Martin Towers Amount purchased: 50,000 @ 27.00p

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KCOM Group (KCOM) Director name: Mr Graham Holden Amount purchased: 40,000 @ 27.00p

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Value: $1,354,004

News Corp A (NCRA) Director name: Mr Peter Chernin Amount sold: 126,771 @ $9.27

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Value: $270,767

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Value: $235,013

Northern Bear (NTBR) Director name: Mr Graham Stuart Lindsay Forrest Amount sold: 300,000 @ 50.00p

Value: £150,000

Walker Crips Group (WCW) Director name: Mr Stephen Bailey Amount sold: 50,000 @ 43.00p

Value: £21,500

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Value: $17,136

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