Transaction in Own Shares and Total Voting Rights

28 February 2022

Northbridge Industrial Services Plc

("Northbridge" or the "Company")

Transaction in Own Shares

and

Total Voting Rights

In its circular to shareholders dated 29 September 2021, the Board of Northbridge Industrial Services plc, the industrial services and rental company, stated its intention to satisfy future issuances of ordinary shares of 10p each in the Company ("Ordinary Shares") pursuant to the Company's long term incentive plan ("LTIP"), as announced on 10 June 2021, from Ordinary Shares acquired in the market and held in treasury, for example pursuant to a share buyback.

As such, and pursuant to the authority gained at the Company's 2021 Annual General Meeting, the Company announces that on 25 February 2022 it purchased a total of 105,000 Ordinary Shares at a price of 168.5 pence per share. The repurchased Ordinary Shares will be held in treasury.

Total voting rights

Following settlement of the above transaction, the Company's issued share capital will comprise 29,310,670 Ordinary Shares, including 320,150 Ordinary Shares held in treasury.

Therefore, the figure of 28,990,520 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.

Capital Markets Event

Northbridge will host a virtual capital markets event on 10 March 2022 where it will make a presentation in which management will outline the strategic direction and exciting future prospects of the Group, followed by an interactive Q&A session.

Please contact Buchanan if you wish to attend the event at [email protected].

-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

About Northbridge:

Northbridge Industrial Services plc hires and sells specialist industrial equipment. With offices or agents in the UK, USA, The Middle East, Belgium, Germany, France, Australia, New Zealand, 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. The product range includes loadbanks, transformers, and drilling tools. Northbridge was admitted to AIM in 2006 since when it has grown by providing a high level of service, responsiveness and flexibility to customers.