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Norman Broadbent plc allotted 3,037,037 new ordinary shares of £0.01 each to the trustee of its newly established employee benefit trust at a price of £0.01 each on April 8, 2024. Application for admission to AIM has been made, with trading anticipated on April 12, 2024, at which point the company's total issued share capital will comprise 66,902,286 Ordinary Shares.
| Date | 8 Apr 2024 |
| Time | 12:11:43 |
| Category | Capital structure |
| ID | 7032J |
8 April 2024
Norman Broadbent plc
(the "Company" or "Norman Broadbent")
Issue of Equity
and
Total Voting Rights
Norman Broadbent (AIM: NBB), a leading Executive Search and Interim Management firm, announces that it has allotted 3,037,037 new ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") to the trustee of its newly established employee benefit trust (the "EBT") at a price of £0.01 each, being their nominal value.
The above issue and allotment of the new Ordinary Shares will enable the EBT to satisfy incentive awards granted to employees of the Company and its wider group.
Application has been made to the London Stock Exchange for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is anticipated that the new Ordinary Shares, which will rank pari passu in all respects with the Company's existing Ordinary Shares, will be admitted to trading on AIM on 12 April 2024.
Total Voting Rights
Following Admission, the Company's issued share capital will comprise 66,902,286 Ordinary Shares with voting rights and that figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. The Company does not hold any shares in treasury.
Contacts:
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Norman Broadbent plc |
+44 (0)20 7484 0000 |
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Kevin Davidson, CEO |
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Mehr Malik, CFO |
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Shore Capital (Nominated Adviser and Broker) |
+44 (0)20 7408 4090 |
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Tom Griffiths / Tom Knibbs (Corporate Advisory) |
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Henry Willcocks (Corporate Broking)
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Alma (Financial Communications Adviser) |
+44 (0)20 3405 0205 |
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Rebecca Sanders-Hewett |
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Kinvara Verdon |
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David Ison |
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About Norman Broadbent:
Norman Broadbent (AIM: NBB) is a professional services firm focused on executive search, senior interim management solutions and bespoke leadership advisory services working across the UK and internationally.
Established as the first UK-headquartered search firm in 1979, the firm has a 40+ year track record of shaping leadership across industries including Consumer, Financial Services, Industrials, Life Sciences, Investor and TMT.