Issue of Equity

RNS Number : 4791T

Norman Broadbent PLC

07 December 2011

 



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 [e-mail]
Polly Fergusson	020 7861 3923 [e-mail]

 

END

 

 

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