Northbridge Industrial Services PLC Grant of options (3882E)
08 May 2017 - 4:00PM
UK Regulatory
TIDMNBI
RNS Number : 3882E
Northbridge Industrial Services PLC
08 May 2017
8 May 2017
Northbridge Industrial Services Plc
("Northbridge" or the "Group")
Grant of options
The Group announces that, on 5 May 2017, Eric Hook (Chief
Executive), Ian Gardner (Tasman Managing Director) and Iwan
Phillips (Finance Director) were granted options over a total of
90,000 ordinary shares of 10p each as detailed below:
Exercise
Number of Exercise Price
Director Scheme options Granted period (p)
Schedule 4 CSOP Share 05/05/20
Eric Hook Options Scheme 29,411 - 05/05/27 102
Unapproved Share Options 05/05/20
Eric Hook Scheme 20,589 - 05/05/27 102
Unapproved Share Options 05/05/20
Ian Gardner Scheme 20,000 - 05/05/27 102
Schedule 4 CSOP Share 05/05/20
Iwan Phillips Options Scheme 20,000 - 05/05/27 102
Following the grant of options outlined above, Eric Hook, Ian
Gardner and Iwan Phillips have options over the following ordinary
shares:
Director Scheme Number of options
Unapproved Share Options
Eric Hook Scheme 827,190
Schedule 4 CSOP Share
Options Scheme 29,411
Unapproved Share Options
Ian Gardner Scheme 116,000
Unapproved Share Options
Iwan Phillips Scheme 48,879
Schedule 4 CSOP Share
Iwan Phillips Options Scheme 27,121
Apart from the above grants, the directors' holdings of ordinary
shares and share options remain unchanged and as previously
announced.
-Ends-
For further information
Northbridge Industrial Services Plc 01283 531645
Eric Hook, Chief Executive Officer
Iwan Phillips, Finance Director
Stockdale Securities Limited (Bookrunner, Nominated Adviser and Broker) 020 7601 6100
Robert Finlay / Antonio Bossi / Henry Willcocks
Buchanan Communications 020 7466 5000
Charles Ryland / Stephanie Watson/ Catriona Flint
About Northbridge:
Northbridge Industrial Services plc hires and sells specialist
industrial equipment. With offices or agents in the UK, USA, Dubai,
Belgium, Germany, France, Australia, New Zealand, Singapore, China,
Brazil and South Korea, Northbridge has a global customer base.
This includes utility companies, the oil and gas sector, shipping,
banking, mining, construction and the public sector. The product
range includes loadbanks, transformers and oil 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,
by the acquisition of companies in the UK, Dubai, Australia,
Belgium, New Zealand and Singapore 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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