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Issue of Equity

26th Apr 2012 07:00

RNS Number : 0899C
Northbridge Industrial Services PLC
26 April 2012
 



FOR IMMEDIATE RELEASE 26 April 2012

 

 

Northbridge Industrial Services Plc

 

("Northbridge" or the "Company")

 

Exercise of options and issue of equity

 

 

Northbridge Industrial Services plc, the industrial services and rental company, announces that further to the exercise of options it has made application for admission to trading on AIM ("Admission") of 9,248 new ordinary shares of 10p each ("Ordinary Shares"). It is expected that admission will occur on 1 May 2012.

 

Total voting rights

 

Following Admission, the Company's issued share capital will comprise 15,519,373 Ordinary Shares, including 152,150 Ordinary Shares held in treasury.

 

Therefore the figure of 15,367,223 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 FSA's Disclosure and Transparency Rules.

 

 

For further information:

 

Northbridge Industrial Services plc

01283 531645

Eric Hook, Chief Executive Officer

Craig Robinson, Finance Director

Westhouse Securities Limited (Nominated Adviser & Broker)

020 7012 2000

Antonio Bossi

Adam Lloyd

Buchanan

020 7466 5000

Charles Ryland

James Strong

 

 

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, 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 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.

 

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