3 Nov 2015 07:00
Northbridge Industrial Services Plc.
("Northbridge" or the "Company")
Director Share Purchases
Northbridge Industrial Services plc, the industrial services and rental company, announces that it has received notification that Peter Harris (Chairman), Eric Hook (Chief Executive) through his SIPP and Western Selection PLC of which David Marshall, Non-executive Director of the Company, is Non-executive Chairman, have yesterday purchased ordinary shares of 10 pence each ("Ordinary Shares") in Northbridge at a price of 70 pence per share, as follows:
|
| Resultant holding | |
| Ordinary Shares purchased | Ordinary Shares | As a % of issued share capital |
Peter Harris | 100,000 | 1,235,000 | 6.7% |
Eric Hook | 150,000 | 500,000 | 2.7% |
Western Selection | 600,000 | 2,500,000 | 13.6% |
For further information
Northbridge Industrial Services plc 01283 531645
Eric Hook, Chief Executive Officer
Westhouse 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, US, Dubai, Belgium, Germany, France, Australia, Singapore, India, Brazil and 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 recorded increased earnings and dividends based on providing a high level of service, responsiveness and flexibility to customers. It has grown by the acquisition of companies in the UK, Dubai, Australia, Belgium 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.