25th May 2012 16:07
25 May 2012
Northbridge Industrial Services Plc
(the "Group" or the "Company")
Directors' dealing
The Group announces today that on 24 May 2012 it received notification of the following transactions in the issued ordinary share capital of the Company which took place on that date:
a) Ash Mehta, a Non-executive Director of the Company, sold 15,000 shares of 10 pence each in the capital of the Company ("Ordinary Shares") at a price of 273.50 pence per share.
b) Peter Harris, Non-executive Chairman of the Company, bought 13,150 Ordinary Shares at a price of 273.50 pence per share.
c) Craig Robinson, Finance Director of the Company, bought 1,850 Ordinary Shares at a price of 273.50 pence per share.
Following these transactions referred to above the holdings of those directors in Ordinary Shares are set out below.
Director | Shares | % of issued share capital |
Ash Mehta | 14,147 | 0.09 |
Peter Harris | 893,150 | 5.78 |
Craig Robinson | 1,850 | 0.01 |
For further information:
Northbridge Industrial Services plc | 01283 531645 |
Eric Hook, Chief Executive Officer | |
Craig Robinson, Finance Director | |
Westhouse Securities Limited (Nominated Adviser & Broker) | 020 7012 2000 |
Antonio Bossi | |
Adam Lloyd | |
Buchanan | 020 7466 5000 |
Charles Ryland | |
James Strong |
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, 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, generators, compressors 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 acquisition of companies in the UK, Dubai, Azerbaijan and Australia and through investing further in those acquired companies to make them more successful. Northbridge continues to seek suitable businesses for acquisition across the world.
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