15th Jun 2015 12:34
15 June 2015
Northbridge Industrial Services Plc
("Northbridge" or the "Company")
Director dealings
Northbridge Industrial Services plc, the industrial services and rental company, announces that it has received notification that on 12 June Ash Mehta, Non-Executive Director, through a SIPP of which he is a beneficiary, purchased 32,000 ordinary shares of 10 pence each ("Ordinary Shares") in Northbridge at a price of 180 pence per share.
The Company also received notification that on the same day, Ash Mehta transferred 50,822 ordinary shares in the Company, which were held in his own name, into a SIPP of which he is a beneficiary at a price of 177 pence per share.
Following the purchase of 32,000 shares, Ash Mehta has an interest in 96,969 Ordinary Shares representing approximately 0.53% of the entire issued share capital of Northbridge.
For further information
Northbridge Industrial Services plc 01283 531645
Eric Hook, Chief Executive Officer
Craig Robinson, Finance Director
Westhouse Securities Limited (Nominated Adviser and Broker) 020 7601 6100
Robert Finlay/Antonio Bossi /Henry Willcocks
Buchanan Communications 020 7466 5000
Charles Ryland / Stephanie Watson
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, New Zealand, 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, 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 the acquisition of companies in the UK, Dubai, Azerbaijan, Australia, Belgium, Singapore and New Zealand 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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