Exercise of options and issue of equity

13 June 2022

Northbridge Industrial Services Plc.

("Northbridge" or the "Company")

Exercise of options and issue of equity

Northbridge Industrial Services plc, the power reliability company, announces that, further to an exercise of options, it has made application for admission to trading on AIM ("Admission") of 164,471 new ordinary shares of 10p each in the Company ("Ordinary Shares"). It is expected that admission will occur on 17 June 2022.

Total voting rights

Following Admission, the Company's issued share capital will comprise 29,529,910 Ordinary Shares, including 1,265,150 Ordinary Shares held in treasury.

Therefore, the figure of 28,264,760 Ordinary Shares should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

-Ends-

For further information

Northbridge Industrial Services Plc 01283 531645

Peter Harris, Executive Chairman

Iwan Phillips, Finance Director

Shore Capital (Nominated Adviser and Broker) 020 7408 4050

Robert Finlay / David Coaten / Henry Willcocks

Buchanan Communications 020 7466 5000

Charles Ryland / Stephanie Whitmore /George Cleary

About Northbridge:

Northbridge Industrial Services plc hires and sells specialist power reliability equipment. With a product range comprising a wide range of loadbanks and transformers and depots, offices or agents in the UK, USA, The Middle East, Belgium, Germany, France, Singapore, China and South Korea, Northbridge has a global customer base. This includes utility companies, renewables, the oil and gas sector, data centres, shipping, banking, mining, construction and the public sector. Northbridge was admitted to AIM in 2006 since when it has grown by providing a high level of service, responsiveness and flexibility to customers.