21st Apr 2011 17:03
21 April 2011
Northbridge Industrial Services plc.
("Northbridge" or "the Company")
Grant of Options
The Company announces today that today Eric Hook (Chief Executive), James Gould (Non-Executive Director) and Craig Robinson (Finance Director) were granted options over a total of 125,000 ordinary shares of 10p each as detailed below:
Director | Scheme | Number of Options Granted | Exercise Period | Exercise Price |
Eric Hook | Unapproved Share Options Scheme | 75,000 | 21/04/14 - 21/04/2021 | 237p |
Jim Gould | Unapproved Share Options Scheme | 20,000 | 21/04/14 - 21/04/2021 | 237p |
Craig Robinson | Unapproved Share Options Scheme
Approved Share Options Scheme | 17,342
12,658 | 21/04/14 - 21/04/2021
21/04/14 - 21/04/2021
| 237p
237p |
Following the grant of options outlined above, Eric Hook, James Gould and Craig Robinson have options over the following ordinary shares:
Director | Scheme | Total number of options granted |
Eric Hook | Unapproved Share Option Scheme Approved Share Option Scheme | 510,702 27,899 |
Jim Gould | Unapproved Share Option Scheme Approved Share Option Scheme | 66,713 19,522 |
Craig Robinson | Unapproved Share Options Scheme Approved Share Options Scheme | 17,342 12,658 |
For further information
Northbridge Industrial Services plc Eric Hook, Chief Executive Officer Craig Robinson, Finance Director
| 01283 531645 |
Smith & Williamson Corporate Finance Limited (Nominated Adviser) Azhic Basirov / David Jones
| 020 7131 4000 |
Arbuthnot Securities Limited (Broker) Antonio Bossi / Ed Groome
| 020 7012 2000 |
Buchanan Communications Charles Ryland / James Strong
| 020 7466 5000 |
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, 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 each year 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.
Related Shares:
NBI.L