Grant of Options
23 April 2009 - 2:36AM
UK Regulatory
TIDMNBI
RNS Number : 0164R
Northbridge Industrial Services PLC
22 April 2009
For immediate release22 April 2009
Northbridge Industrial Services plc.
("Northbridge" or "the Company")
Grant of Options
The Company announces today that on 20 April 2009 Eric Hook (Chief Executive),
James Gould (Non-executive Director) and Ash Mehta (Finance Director) were
granted options over a total of 66,000 ordinary shares of 10p each as detailed
below:
+----------+---------------------+--------------+---------------------+----------+
| Director | Scheme | Number of | Exercise period | Exercise |
| | | options | | price |
| | | granted | | |
+----------+---------------------+--------------+---------------------+----------+
| Eric | Unapproved Share | 40,000 | 20.04.2012 - | 154p |
| Hook | Option Scheme | | 20.04.2019 | |
| | | | | |
+----------+---------------------+--------------+---------------------+----------+
| James | Unapproved Share | 20,000 | 20.04.2012 - | 154p |
| Gould | Option Scheme | | 20.04.2019 | |
| | | | | |
+----------+---------------------+--------------+---------------------+----------+
| Ash | Unapproved Share | 6,000 | 20.04.2012 - | 154p |
| Mehta | Option Scheme | | 20.04.2019 | |
| | | | | |
+----------+---------------------+--------------+---------------------+----------+
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 | 351,000 |
| | Approved Share Option Scheme | 29,000 |
| | | |
+-------------+--------------------------------+----------------------------+
| James Gould | Unapproved Share Option Scheme | 26,000 |
| | Approved Share Option Scheme | 19,000 |
| | | |
+-------------+--------------------------------+----------------------------+
| Ash Mehta | Unapproved Share Option Scheme | 30,000 |
| | | |
+-------------+--------------------------------+----------------------------+
About Northbridge:
Northbridge Industrial Services 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.
For further information
Northbridge Industrial Services Plc.
Eric Hook, Chief Executive 01283 531645
Charles Stanley Securities (Nominated Adviser)
Freddy Crossley / Jen Boorer 0207 149 6000
Buchanan Communications
Isabel Podda 020 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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