25th Jun 2020 14:33
Northbridge Industrial Services PLC - Burton-based industrial services firm - Says positive trading performance continued in first quarter of 2020, but revenue in first two months of second quarter down 13% annually amid lockdowns. Encouragingly, only a few contracts were cancelled during lockdown. Agrees with lenders to extend convertible loan notes to July 2022, but conversion price down to 90 pence from 125p. Stephen Yapp joins as non-executive director from early July.
Current stock price: 82.00p
Year-to-date change: down 41%
By Eric Cunha; [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
NBI.L