TIDMNBB

RNS Number : 0798K

Norman Broadbent PLC

23 August 2019

Norman Broadbent plc

("Norman Broadbent" or the "Company")

Shareholder Update and Director/PDMR Shareholding

Norman Broadbent (AIM: NBB) - a leading London listed Professional Services firm offering a diversified portfolio of integrated Leadership Acquisition & Advisory Services (Board & Leadership Search, Senior Interim Management, Research & Insight, Leadership Consulting & Assessment, and executive level Talent Solutions) - announces that it has been notified of several changes of shareholding in the Company and dealings by certain Directors and other PDMR's of the Company.

Garraway Capital Management LLP has today sold 3,881,578 Ordinary Shares in the Company and accordingly now hold no Ordinary Shares in the Company.

At the same time the following substantial shareholders have acquired Ordinary Shares in the Company. Details of the respective purchases, together with total resultant shareholdings, are as follows:

 
                       Prior to acquisition                              Resultant Holding 
 Substantial         Ordinary     % of Issued     Shares acquired    Ordinary     % of Issued 
  Shareholder         Shares      Share Capital                       Shares      Share Capital 
                   -----------  ---------------  ----------------  -----------  --------------- 
 Downing LLP        13,838,331       25.68%           837,966       14,676,297       27.24% 
                   -----------  ---------------  ----------------  -----------  --------------- 
 Moulton Goodies 
  Limited           8,066,739        14.97%          1,300,000      9,366,739        17.38% 
                   -----------  ---------------  ----------------  -----------  --------------- 
 Pierce Augustan 
  Casey             6,287,505        11.67%           500,000       6,787,505        12.60% 
                   -----------  ---------------  ----------------  -----------  --------------- 
 

The Company has also been notified that certain of the Directors and PDMRs of the Company purchased Ordinary Shares of the Company. Details of the respective purchases, together with total resultant shareholdings, are as follows:

 
                      Prior to acquisition                            Resultant Holding 
 PDMR               Ordinary    % of Issued     Shares acquired   Ordinary     % of Issued 
                     Shares     Share Capital                       Shares     Share Capital 
                   ---------  ---------------  ----------------  ----------  --------------- 
 Mike Brennan       928,815         1.7%            166,666       1,095,481       2.03% 
                   ---------  ---------------  ----------------  ----------  --------------- 
 Will Gerrand          -             -              66,667         66,667         0.12% 
                   ---------  ---------------  ----------------  ----------  --------------- 
 Brian Stephens     167,955        0.31%            166,666        334,621        0.62% 
                   ---------  ---------------  ----------------  ----------  --------------- 
 Fiona McAnena       30,000        0.06%            33,333         63,333         0.12% 
                   ---------  ---------------  ----------------  ----------  --------------- 
 Angela Hickmore       -             -              83,333         83,333         0.15% 
                   ---------  ---------------  ----------------  ----------  --------------- 
 

The notification at the end of this announcement, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further details of the PDMR transactions.

The Company is not a party to the above transactions and will not receive any proceeds relating to the trades.

Michael Brennan, CEO of Norman Broadbent, commented: "On behalf of the Board, I would like to thank those substantial Shareholders - Downing Capital, Jon Moulton, and Pierce Casey - for their continued support. I am also delighted that I, and a number of other Senior Directors and Non-Executive Directors, have been able to invest. Having such significant Shareholders and Senior Directors choosing to increase their stakes in the business is a sure sign of confidence in Norman Broadbent and our strategy"

For further information, please contact:

 
Norman Broadbent plc 
 Mike Brennan / Will Gerrand               020 7484 0000 
 WH Ireland Limited 
  Adrian Hadden / Jessica Cave / Matthew 
  Chan                                      020 7220 1666 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Mike Brennan 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           CEO 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/ Amendment                           Initial 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Norman Broadbent PLC 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800E5YN5TA934XA23 
     --------------------------------------------------------  ------------------------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Description of the financial instrument, type of          Ordinary Shares of 1p each 
      instrument                                                 GB00B3VF4Y66 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Purchase of shares for cash 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                  3p         166,666 
                                                                            ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                  Purchase of 166,666 Ordinary Shares for 3 pence each, 
                                                                 with a total price paid of GBP5,000 
 
         *    Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   23 August 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, AIM 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Will Gerrand 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           CFO and COO 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/ Amendment                           Initial 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Norman Broadbent PLC 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800E5YN5TA934XA23 
     --------------------------------------------------------  ------------------------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Description of the financial instrument, type of          Ordinary Shares of 1p each 
      instrument                                                 GB00B3VF4Y66 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Purchase of shares for cash 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                  3p         66,667 
                                                                            ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                  Purchase of 66,667 Ordinary Shares for 3 pence each, 
                                                                 with a total price paid of GBP2,000 
 
         *    Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   23 August 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, AIM 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Brian Stephens 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Non-Executive Director 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/ Amendment                           Initial 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Norman Broadbent PLC 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800E5YN5TA934XA23 
     --------------------------------------------------------  ------------------------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Description of the financial instrument, type of          Ordinary Shares of 1p each 
      instrument                                                 GB00B3VF4Y66 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Purchase of shares for cash 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                  3p         166,666 
                                                                            ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                  Purchase of 166,666 Ordinary Shares for 3 pence each, 
                                                                 with a total price paid of GBP5,000 
 
         *    Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   23 August 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, AIM 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Fiona McAnena 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Non-Executive Director 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/ Amendment                           Initial 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Norman Broadbent PLC 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800E5YN5TA934XA23 
     --------------------------------------------------------  ------------------------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Description of the financial instrument, type of          Ordinary Shares of 1p each 
      instrument                                                 GB00B3VF4Y66 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Purchase of shares for cash 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                  3p         33,333 
                                                                            ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                  Purchase of 33,333 Ordinary Shares for 3 pence each, 
                                                                 with a total price paid of GBP1,000 
 
         *    Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   23 August 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, AIM 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Angela Hickmore 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Managing Director of Norman Broadbent Interim 
                                                                Management 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/ Amendment                           Initial 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Norman Broadbent PLC 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800E5YN5TA934XA23 
     --------------------------------------------------------  ------------------------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Description of the financial instrument, type of          Ordinary Shares of 1p each 
      instrument                                                 GB00B3VF4Y66 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Purchase of shares for cash 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                  3p         83,333 
                                                                            ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                  Purchase of 83,333 Ordinary Shares for 3 pence each, 
                                                                 with a total price paid of GBP2,500 
 
         *    Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   23 August 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, AIM 
     --------------------------------------------------------  ------------------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHPJMLTMBITMPL

(END) Dow Jones Newswires

August 23, 2019 05:51 ET (09:51 GMT)

Norman Broadbent (LSE:NBB)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Norman Broadbent.
Norman Broadbent (LSE:NBB)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Norman Broadbent.