10 Sep 2009 16:51
10 September 2009
NORTHBRIDGE INDUSTRIAL SERVICES PLC
("Northbridge" or "the Company")
Director's interest
Northbridge Industrial Services plc, the industrial services and rental company, announced on 29 June 2009 that Peter Harris, the Company's non-executive Chairman, was interested in a total of 800,000 ordinary shares in the Company ("Ordinary Shares"): 550,000 Ordinary Shares held beneficially by himself; and 250,000 Ordinary Shares held beneficially by his mother over which he was able to exercise voting control through a power of attorney. On 10 July 2009, Mr Harris acquired 50,000 of his mother's holding at a price of 110p per share and consequently he remains interested in 800,000 Ordinary Shares as follows: 600,000 (representing 6.71% of the Company's issued Ordinary Shares) held beneficially by himself; and 200,000 Ordinary Shares (representing 2.24% of the Company's issued Ordinary Shares) held in his mother's estate (she passed away on 6 August 2009) over which he is able to exercise voting control as her executor.
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About Northbridge: Northbridge Industrial Services was incorporated for the purpose of acquiring companies that hire and sell specialist industrial equipment supplying a non-cyclical customer base including utility companies, the public sector and the oil and gas industries. In particular it will seek to acquire specialist businesses that have the potential for expansion into complete outsourcing providers. |