Issue of Equity (2081A)
28 March 2012 - 5:01PM
UK Regulatory
TIDMNBI
RNS Number : 2081A
Northbridge Industrial Services PLC
28 March 2012
FOR IMMEDIATE RELEASE
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 4,110 new ordinary shares of 10p each ("Ordinary
Shares"). It is expected that admission will occur on 2 April
2012.
Total voting rights
Following Admission, the Company's issued share capital will
comprise 15,510,125 Ordinary Shares, including 152,150 Ordinary
Shares held in treasury.
Therefore the figure of 15,357,975 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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