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Completion of Brand Consolidation

31 Jul 2014 07:00

NORMAN BROADBENT PLC - Completion of Brand Consolidation

NORMAN BROADBENT PLC - Completion of Brand Consolidation

PR Newswire

London, July 30

31 July 2014 Norman Broadbent plc ("Norman Broadbent" or "the Group" or "the Company") Completion of Brand Consolidation Further to the announcement of the Company's final results on 28 May 2014, theCompany announces that the sale of its 20 per cent. holding in Norman BroadbentSpain completed as anticipated on 30 July 2014. This coincided with thetermination of the licence agreement to use the brand Norman Broadbent. Allfunds have been received. The Company has now regained global control of all the Norman Broadbentintellectual property following the termination of inherited licences inCanada, Italy, all North African countries, all Middle Eastern countries andnow Spain (which also operates in Colombia). The Company is now able to review the strategic value opportunities of brandNorman Broadbent which the licence terminations have opened up. Interim results for the six months ended 30 June 2014 are due to be released inSeptember 2014. For further information please contact: Norman Broadbent plcPierce Casey/Sue O'Brien/James Webber 020 7484 0000 Sanlam Securities UK LimitedSimon Clements/Virginia Bull 020 7628 2200 Notes to Editors Norman Broadbent plc is a leading provider of senior and board executive searchand leadership consultancy and assessment services. Through AGP (previouslyArcus Global Partners) the Group also provides specialist contingent offerings,including RPO and interim solutions. Connecting Corporates through Social MediaSearch provides digital research to assist in house recruitment and via WinningWork assists professional service firms to drive sales by bespoke exploitationof social media. Headquartered in London, the Group also has offices in LosAngeles with a representative office in Singapore.

For further information visit www.normanbroadbent.com

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