RNS Number : 1605E
Northbridge Industrial Services PLC
25 May 2012
25 May 2012
Northbridge Industrial Services Plc
(the "Group" or the "Company")
The Group announces today that on 24 May 2012 it received notification of the following transactions in the issued ordinary share capital of the Company which took place on that date:
a) Ash Mehta, a Non-executive Director of the Company, sold 15,000 shares of 10 pence each in the capital of the Company ("Ordinary Shares") at a price of 273.50 pence per share.
b) Peter Harris, Non-executive Chairman of the Company, bought 13,150 Ordinary Shares at a price of 273.50 pence per share.
c) Craig Robinson, Finance Director of the Company, bought 1,850 Ordinary Shares at a price of 273.50 pence per share.
Following these transactions referred to above the holdings of those directors in Ordinary Shares are set out below.
Director Shares % of issued share
---------------- -------- ------------------
Ash Mehta 14,147 0.09
Peter Harris 893,150 5.78
Craig Robinson 1,850 0.01
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
Buchanan 020 7466 5000
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.
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