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Exercise of Options and Issue of Equity

Date : 24/05/2012 @ 13:28
Source : UK Regulatory (RNS & others)
Stock : Northbridge Ind (NBI)
Quote : 355.0  0.5 (0.14%) @ 08:00

Exercise of Options and Issue of Equity

TIDMNBI

RNS Number : 0535E

Northbridge Industrial Services PLC

24 May 2012

24 May 2012

Northbridge Industrial Services Plc

("Northbridge" or the "Company")

Exercise of options and issue of equity

Northbridge Industrial Services plc, the industrial services and rental company, announces that further to the exercise of options it has made application for admission to trading on AIM ("Admission") of 97,608 new ordinary shares of 10p each ("Ordinary Shares"). It is expected that admission will occur on 31 May 2012.

Total voting rights

Following Admission, the Company's issued share capital will comprise 15,616,981 Ordinary Shares, including 152,150 Ordinary Shares held in treasury.

Therefore the figure of 15,464,831 ordinary shares should 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 in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

For further information:

 
 Northbridge Industrial Services plc                01283 531645 
 Eric Hook, Chief Executive Officer 
 Craig Robinson, Finance Director 
 
 Westhouse Securities Limited (Nominated Adviser 
  & Broker)                                         020 7012 2000 
 Antonio Bossi 
 Adam Lloyd 
 
 Buchanan                                           020 7466 5000 
 Charles Ryland 
 James Strong 
 

About Northbridge:

Northbridge Industrial Services plc hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, India, Brazil, Korea and Azerbaijan, Northbridge has a global customer base. This includes utility companies, the oil and gas sector, shipping, construction and the public sector. The product range includes loadbanks, transformers, generators, compressors and oil tools. Northbridge was admitted to AIM in 2006 since when it has recorded increased earnings and dividends based on providing a high level of service, responsiveness and flexibility to customers. It has grown by acquisition of companies in the UK, Dubai, Azerbaijan and Australia and through investing further in those acquired companies to make them more successful. Northbridge continues to seek suitable businesses for acquisition across the world.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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