22 Apr 2010 07:00
22 April 2010
Northbridge Industrial Services Plc.
("the Company" or "Northbridge")
Posting of Annual Accounts
The Company's annual report and accounts for the year ended 31 December 2009 were posted to shareholders, yesterday, and are available on the Company's website at www.northbridgegroup.co.uk. The annual report includes the notice of the Company's Annual General Meeting ("AGM") to be held on 18 May 2010 and Form of Proxy.
At the AGM, the Directors have proposed, inter alia, the adoption of new Articles of Association ("the New Articles") in order that the Company may take full advantage of the new regulations introduced under the Companies Act 2006. The main changes under the New Articles will allow the Board to authorise a Director's perceived or actual conflict of interest; enable the Board to take steps to allow the Company to communicate with its shareholders by means of electronic communication (including the service of notices by email or using the Company's website) and will clarify the procedure for voting by proxy. The New Articles will also provide clarity and avoid any potential confusion by removing provisions contained within the existing Articles of Association which have been revoked or superseded by the Companies Act 2006.
A copy of the New Articles can also be found at the Company's website.
For further information
| Northbridge Industrial Services plc |
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| Eric Hook, Chief Executive Officer | 01283 531645 |
| Ash Mehta, Finance Director |
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| Smith & Williamson Corporate Finance Limited (Nominated Adviser) | 020 7131 4000 |
| Azhic Basirov / David Jones |
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| Arbuthnot Securities Limited (Broker) | 020 7012 2139 |
| Alasdair Younie / Ed Burbidge |
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| Buchanan Communications | 020 7466 5000 |
| Charles Ryland / James Strong |
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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.