# Northbridge Industrial Services to change name to Crestchic Plc

- Link: https://www.directorstalkinterviews.com/northbridge-industrial-services-to-change-name-to-crestchic-plc/4121056309
- Published: 2022-03-10T07:32:54+00:00
- Author: Giles

**Company name change to Crestchic Plc**

**Northbridge Industrial Services plc** ([LON:NBI](https://www.directorstalkinterviews.com/company/crestchic/load.l)),
the power reliability company, updates that with the disposal of the Tasman division
now substantially complete, as announced on 1 March 2022, the activities of the 
Group are now focused on its growing Crestchic power reliability division.

In recognition of this strategic repositioning, a resolution will be put forward
at the Annual General Meeting on 9 June 2022 to rename the Group to **Crestchic 
Plc**. The TIDM ‘LOAD’ has been reserved.

Full details on the implementation of the change of name, including any changes 
to the Group’s website, will be announced after the Annual General Meeting.

**Trading update and Capital Markets Event**

The Board is pleased to confirm that the positive start to the 2022 financial year,
as announced on 18 February 2022, has continued.

The Company will today at 2.30pm, host a virtual capital markets event followed 
by a live Q&A session to provide greater detail on the expansion strategy of the
Crestchic power reliability division, as it focuses on the long-term growth markets
driven by the rise of renewables and the ever-increasing demand for cloud computing
and data storage.

Please contact Buchanan if you wish to attend the event at northbridge@buchanan.
uk.com.

A recording of the event will be made available on the Investor Relations website
following the meeting.

**Dividend**

Based on the performance in 2021 and the outlook for 2022 and beyond, the Board 
is pleased to be in a position to recommend the resumption of dividends. A final
dividend for 2021 of 1.0 pence per share will be proposed at the Annual General 
Meeting to be held on 9 June 2022 and, subject to shareholder approval, the dividend
will be paid on the 16 June 2022 to shareholders on the register on 27 May 2022.
The ex-dividend date will be 26 May 2022.

This announcement contains inside information as stipulated under the UK version
of the Market Abuse Regulation No 596/2014 which is part of English Law by virtue
of the European (Withdrawal) Act 2018, as amended.  On publication of this announcement
via a Regulatory Information Service, this information is considered to be in the
public domain.

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