4th Oct 2010 17:22
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
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. |
Related Shares:
NBI.L