22 Apr 2009 17:36
For immediate release 22 April 2009
Northbridge Industrial Services plc.
("Northbridge" or "the Company")
Grant of Options
The Company announces today that on 20 April 2009 Eric Hook (Chief Executive), James Gould (Non-executive Director) and Ash Mehta (Finance Director) were granted options over a total of 66,000 ordinary shares of 10p each as detailed below:
| Director | Scheme | Number of options granted | Exercise period | Exercise price |
| Eric Hook | Unapproved Share Option Scheme | 40,000 | 20.04.2012 - 20.04.2019 | 154p |
| James Gould | Unapproved Share Option Scheme | 20,000 | 20.04.2012 - 20.04.2019 | 154p |
| Ash Mehta | Unapproved Share Option Scheme | 6,000 | 20.04.2012 - 20.04.2019 | 154p |
Following the grant of options outlined above, Eric Hook, James Gould and Ash Mehta have options over the following ordinary shares:
| Director | Scheme | Total number of options granted |
| Eric Hook | Unapproved Share Option Scheme Approved Share Option Scheme | 351,000 29,000 |
| James Gould | Unapproved Share Option Scheme Approved Share Option Scheme | 26,000 19,000 |
| Ash Mehta | Unapproved Share Option Scheme | 30,000 |
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.
For further information
Northbridge Industrial Services Plc.
Eric Hook, Chief Executive 01283 531645
Charles Stanley Securities (Nominated Adviser)
Freddy Crossley / Jen Boorer 0207 149 6000
Buchanan Communications
Isabel Podda 020 7466 5000