Exercise of Options and Issue of Equity
Updated : 07:00
1 March 2022
Northbridge Industrial Services Plc
("Northbridge", the "Company" or the "Group")
Exercise of options and issue of equity
Northbridge Industrial Services plc, the industrial services and rental company, announces that, further to an exercise of options, it has made an application for the admission to trading on AIM ("Admission") of 11,199 new ordinary shares of 10p each in the Company ("Ordinary Shares"). It is expected that admission will occur on 4 March 2022.
Total voting rights
Following Admission, the Company's issued share capital will comprise 29,321,869 Ordinary Shares, including 320,150 Ordinary Shares held in treasury.
Therefore, the figure of 29,001,719 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.
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.
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