29 Jun 2016 15:25
29 June 2016
Northbridge Industrial Services Plc
("Northbridge" or the "Group")
Appointment of Director
Further to the announcements made on 30 September and 17 December 2015, Northbridge, the industrial services and rental company, is pleased to announce that Iwan Phillips has been appointed to the Board as Group Finance Director with immediate effect.
Iwan, a qualified Chartered Accountant, began his tenure with Northbridge as Group Accountant in July 2010 and became Company Secretary in November 2011. He has acted as Chief Financial Officer since September 2015. Prior to his employment at Northbridge, he worked as an auditor at BDO LLP.
Commenting on the appointment Peter Harris, Chairman said: "We are delighted to welcome Iwan as Group Finance Director and look forward to his contribution as a member of the Board of Northbridge."
-Ends-
For further information
Northbridge Industrial Services Plc 01283 531645
Eric Hook, Chief Executive Officer
Stockdale Securities Limited (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, by the acquisition of companies in the UK, Dubai, Australia, Belgium, New Zealand and Singapore and through investing further in those acquired companies to make them more successful. Northbridge continues to seek suitable businesses for acquisition across the world.
Appendix - AIM Rule 17
Save for the information set out below, there are no further disclosures to be made in accordance with Rule 17, Schedule Two (g) of the AIM Rules for Companies in respect of the appointment of Iwan Ceri Phillips, aged 32. Iwan holds 1,259 ordinary Northbridge shares (0.005% of Northbridge's issued share capital) and 56,000 options over ordinary Northbridge Shares.
Current Directorships
Allied Industrial Resources Limited
Crestchic Limited
Northbridge Australia Limited