Last checked at 7 Dec 2011 07:00
7 December 2011
Norman Broadbent plc
("Norman Broadbent" or "the Company")
Issue of New Shares and Notification of Directors' Shareholding
Norman Broadbent plc, a leading provider of executive search and leadership consultancy services, announces that it has today issued 37,201 new ordinary shares of 1p ("New Ordinary Shares") to certain employees. Of these New Ordinary Shares, 19,047 have been issued to an employee who has exercised share options at a price of 52.5p per share. The remaining 18,154 New Ordinary Shares were issued at 65.0p to a new senior employee of the Company, as part of their remuneration.
Application will be made for the 37,201 New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 14 December 2011. Following the issue of these shares, the Company will have 10,607,801 ordinary shares of 1p ("Ordinary Shares") in issue.
In addition, the Company was notified today that Pierce Casey (Executive Chairman) purchased 9,523 Ordinary Shares in the issued share capital of the Company.
The purchase, together with the resultant holding in the issued share capital, is as follows:
No. of Ordinary Shares acquired | Price paid (p) |
Resultant shareholding | Percentage holding of issued share capital | |
Pierce Casey, Executive Chairman | 9,523 | 60.0 | 2,642,227 | 24.91 |
Contacts:
Norman Broadbent plc Pierce Casey / Ben Felton / Sue O'Brien | 020 7484 0000 |
Merchant Securities Limited John East / Simon Clements | 020 7628 2200 |
Pelham Bell Pottinger Damian Beeley | 020 7861 3139 07950 481 795 dbeeley@pelhambellpottinger.co.uk |
Polly Fergusson |
020 7861 3923 pfergusson@pelhambellpottinger.co.uk |