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Grant of Options

4th Oct 2010 17:22

RNS Number : 8368T
Northbridge Industrial Services PLC
04 October 2010
 



4 October 2010

Northbridge Industrial Services plc.

("Northbridge" or "the Company")

 

Grant of Options

 

 

The Company announces that on 30 September 2010 Eric Hook (Chief Executive), James Gould (Non-executive Director) and Ash Mehta (Finance Director) were granted options over a total of 160,000 ordinary shares of 10p each as detailed below:

 

Director

Scheme

Number of Options Granted

Exercise Period

Exercise Price

Eric Hook

Unapproved Share Option Scheme

120,000

30/09/13 - 30/9/2020

186p

Jim Gould

Unapproved Share Option Scheme

20,000

30/09/13 - 30/9/2020

186p

Ash Mehta

Unapproved Share Option Scheme

20,000

30/09/13 - 30/9/2020

186p

 

Following the grant of options outlined above, Eric Hook, James Gould and Ash Mehta have options over the following ordinary shares:

 

Director

Scheme

Total number of options granted

Eric Hook

Unapproved Share Option Scheme

Approved Share Option Scheme

469,452

27,899

Jim Gould

Unapproved Share Option Scheme

Approved Share Option Scheme

46,713

19,522

Ash Mehta

Non Executive and Consultant Share Option Scheme

50,822

 

For further information

 

Northbridge Industrial Services plc

Eric Hook, Chief Executive Officer

01283 531645

Ash Mehta, Finance Director

Smith & Williamson Corporate Finance Limited (Nominated Adviser)

020 7131 4000

Azhic Basirov / David Jones

Arbuthnot Securities Limited (Broker)

020 7012 2139

Antonio Bossi

Buchanan Communications

020 7466 5000

Charles Ryland / James Strong

 

About Northbridge:

Northbridge Industrial Services Plc was incorporated for the purpose of acquiring companies that hire and sell specialist industrial equipment supplying a non-cyclical customer base including utility companies, the public sector and the oil and gas industries. In particular it will seek to acquire specialist businesses that have the potential for expansion into complete outsourcing providers.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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