Northbridge Industrial Services PLC Result of AGM and Dividend Policy (5357O)
May 28 2015 - 8:20AM
UK Regulatory
TIDMNBI
RNS Number : 5357O
Northbridge Industrial Services PLC
28 May 2015
For immediate release 28 May 2015
Northbridge Industrial Services Plc.
("Northbridge" or the "Group")
Result of AGM and Dividend Policy
Northbridge Industrial Services plc, the industrial services and
rental company, held its AGM earlier today and is pleased to report
that all resolutions were duly passed.
Also at the AGM today, the Board of Northbridge confirmed their
present intention, based on their current expectations of trading,
of paying maintained dividends in respect of the year to 31
December 2015. This reflects the Board's confidence in the
business' ability to generate strong cashflow even when net
profitability is reduced. Aggregate dividends of 6.2p have been
approved in respect of the year ended 31 December 2014.
For further information
Northbridge Industrial Services plc 01283 531645
Eric Hook, Chief Executive Officer
Craig Robinson, Finance Director
Westhouse Securities Limited (Nominated 020 7601
Adviser and Broker) 6100
Robert Finlay/ Antonio Bossi/ Henry Willcocks
020 7466
Buchanan 5000
Charles Ryland/ Stephanie Watson
www.buchanan.uk.com
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, New Zealand, 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, 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 the acquisition of
companies in the UK, Dubai, Azerbaijan, Australia, Belgium,
Singapore and New Zealand 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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