Northbridge Industrial Services : Replacement - Grant of Options

The following amendments have been made to the 'Grant of Options' announcement released on 16 May 2018 at 16.08 under RNS No 3285O.

The number of options granted to Iwan Phillipsunder the Schedule 4 CSOP Share Options Schemeis changed to 5,015 shares and the number granted to him under the Unapproved Share Options Scheme is changed to 14,985.

The total number of options granted is unchanged.

The total number of options held by Iwan Phillips under the Schedule 4 CSOP Share Options Schemeis changed to 28,034 shares and the number held under the Unapproved Share Options Scheme is changed to 67,966. The total number of options held is unchanged.

All other details remain unchanged.

The full amended text is shown below.

7 August 2018

Northbridge Industrial Services Plc

('Northbridge' or the 'Group')

Grant of options

The Group announces that, on 16 May 2018, Eric Hook (Chief Executive), Ian Gardner (Tasman Managing Director) and Iwan Phillips (Finance Director) were today granted options over a total of 90,000 ordinary shares of 10p each as detailed below:

Director	Scheme	Number of options Granted	Exercise period	Exercise Price (p)
Eric Hook	Unapproved Share Options Scheme	50,000	16/05/21 - 16/05/28	130
Ian Gardner	Unapproved Share Options Scheme	20,000	16/05/21 - 16/05/28	130
Iwan Phillips	Schedule 4 CSOP Share Options Scheme	5,015	16/05/21 - 16/05/28	130
Iwan Phillips	Unapproved Share Options Scheme	14,985	16/05/21 - 16/05/28	130

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
Eric Hook	Unapproved Share Options Scheme	877,190
	Schedule 4 CSOP Share Options Scheme	29,411
Ian Gardner	Unapproved Share Options Scheme	136,000
Iwan Phillips	Unapproved Share Options Scheme	67,966
	Schedule 4 CSOP Share Options Scheme	28,034

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 Plc01283 531645

Eric Hook, Chief Executive Officer

Iwan Phillips, Finance Director

Stockdale Securities Limited (Nominated Adviser and Broker)020 7601 6100

Robert Finlay / Antonio Bossi / Henry Willcocks

BuchananCommunications020 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, The Middle East, 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. It has grown 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.