3 Dec 2015 15:16
3 December 2015
Northbridge Industrial Services Plc
("Northbridge" or the "Company")
Director's Dealing
Northbridge Industrial Services plc, the industrial services and rental company has been notified that on 2 December 2015 Peter Harris, the Non-executive Chairman of the Company, transferred 80,000 shares of 10 pence each in the capital of the Company ("Ordinary Shares") into his own name from his funded unapproved retirement benefit scheme ("FURBS"). In addition 5,000 Ordinary Shares which were already registered in Peter Harris' name but held beneficially by the FURBS were transferred out of the FURBS. The Ordinary Shares were transferred at a price of 88.5 pence per Ordinary Share.
Following this transaction there is no change to Peter Harris' total holding of 1,235,000 Ordinary Shares, representing approximately 6.7 per cent. of the total voting rights of the Company.
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 Communications 020 7466 5000
Charles Ryland / Stephanie Watson
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, New Zealand, 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, 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, Azerbaijan, Australia, Belgium, Singapore and New Zealand and through investing further in those acquired companies to make them more successful. Northbridge continues to seek suitable businesses for acquisition across the world.