Northbridge Industrial Services PLC Director/PDMR Shareholding (8357X)

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RNS Number : 8357X

Northbridge Industrial Services PLC

10 May 2016

10 May 2016

Northbridge Industrial Services Plc

("Northbridge" or the "Group")

Grant of options

The Group announces that, on 10 May 2016, Eric Hook (Chief Executive) and Ian Gardner (Regional Managing Director) were granted options over a total of 120,000 ordinary shares of 10p each ("Ordinary Shares") as detailed below:

 
 
                                         Number of                              Exercise 
Director      Scheme                      options Granted  Exercise period       Price (p) 
              Unapproved Share Options 
Eric Hook      Scheme                    100,000           10/05/19 - 10/05/26  89.5 
              Unapproved Share Options 
Ian Gardner    Scheme                    20,000            10/05/19 - 10/05/26  89.5 
 

Following the grant of options outlined above, Eric Hook and Ian Gardner have options over the following numbers of Ordinary Shares:

 
 
Director      Scheme                            Number of options 
Eric Hook     Unapproved Share Options Scheme        799,986 
 Approved Share Options Scheme                        6,615 
Ian Gardner   Unapproved Share Options Scheme        96,000 
 

Apart from the above grants, the directors' holdings of Ordinary Shares remain unchanged and as previously announced.

-Ends-

For further information

Northbridge Industrial Services Plc 01283 531645

Eric Hook, Chief Executive Officer

   Stockdale Securities Limited (Bookrunner, Nominated Adviser and Broker)        020 7601 6100 

Robert Finlay / Antonio Bossi / Henry Willcocks

Buchanan 020 7466 5000

Charles Ryland / Stephanie Watson

About Northbridge:

Northbridge Industrial Services plc hires and sells specialist industrial equipment. With offices or agents in the UK, USA, Dubai, Belgium, Germany, France, Australia, New Zealand, Singapore, China, Brazil and South Korea, Northbridge has a global customer base. This includes utility companies, the oil and gas sector, shipping, banking, mining, construction and the public sector. The product range includes loadbanks, transformers and oil tools. Northbridge was admitted to AIM in 2006 since when it has grown by providing a high level of service, responsiveness and flexibility to customers and through the acquisition of companies in the UK, Dubai, Australia, Belgium, New Zealand and Singapore and 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

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May 10, 2016 11:24 ET (15:24 GMT)