Norman Broadbent Share Discussion Threads

[twodegrees] 10/1/2018 15:10

trying to buy more but cannot get a price.

[battlebus2] 10/1/2018 14:16

Yes good to see a tick up 👍

[a2584728] 10/1/2018 14:12

If we get through 14p 20p next and the blue skies. All very exciting

[a2584728] 10/1/2018 12:36

Was going to add just before that jump. Will have to pay a little more

[a2584728] 10/1/2018 12:07

Yes I am looking for 25p by end of Summer

[a2584728] 10/1/2018 09:08

Everyone I speak to about this seems to think they will be a real performer this year?

[a2584728] 28/12/2017 09:21

This should be a tip somewhere and as a takeover target I suspect

[battlebus2] 18/10/2017 16:46

Just timing I suspect

[twodegrees] 18/10/2017 16:25

looks like this did not happen ten, as no rns ....Application will be made for the Placing Shares to be admitted to trading on AIM with admission expected to become effective on 18 October 2017.

[a2584728] 29/9/2017 13:54

This will fly after placing

[twodegrees] 29/9/2017 12:58

they announced good news, the price rose, then a few large sells went through, why would you then buy. The large investors get the benefit and the small share holders are trampled on...yes you might say you take your chances...however small pi's never get a chance to subscribe for shares when they have these capital raising events.... why not....

[battlebus2] 29/9/2017 12:29

They usually sight costs as a reason 🙄 You could have bought at 10p all last week.

[twodegrees] 29/9/2017 11:58

why are ordinary share holders not allowed to apply for shares

[twodegrees] 29/9/2017 07:28

This stinks, the recent large sells must have been in light of the fund raising, They sold out at much higher price knowing they could buy back at 10p. The previous good news looks like a smoke screen as they obviously knew they did not have enough funds to carry out stage 2 .

[twodegrees] 29/9/2017 07:24

battlebus, do we as shareholders actually get to buy any or is it the secret few that get all the cream

[battlebus2] 29/9/2017 06:29

Now we know why suddenly after the major contract news the stock fell, with a Friday results and placing at NBB, losses increased and placing raising 1.23 million for phase two of the turnaround the growth phase. Results masking how far they have come, Gary Brownings advice will be in big demand. I knew this was a long game but it's really stretching my limits now.

[a2584728] 22/8/2017 11:50

I have extremely high hopes for this business. May look to acquire some private companies like Planet Forward/Pharma maybe. iMHO

[cossie] 22/8/2017 09:54

22 August 2017

Norman Broadbent plc

("Norman Broadbent" or "the Company" or "the Group")

Corporate Update

Norman Broadbent plc (AIM: NBB) - a leading provider of Talent Acquisition & Advisory Services, comprising Board and Executive Search, Interim Management, Research & Insight, Leadership Consulting & Assessment, and executive-level Recruitment Solutions announces the appointment of Gary Browning as Strategic Adviser to the Board and CEO, the appointment of WH Ireland as Nominated Adviser and Broker, the issue of a GBP300,000 Loan Note and the commencement of CFO Succession Planning.

Appointment of Gary Browning as Strategic Advisor to the Board and CEO

Norman Broadbent is pleased to announce the appointment of Gary Browning as a Consultant and Strategic Adviser to the Board and CEO.

Gary Browning's role at Norman Broadbent will be to provide advice and support in the areas of strategic opportunities, market and competitive developments and to assist in the execution of Norman Broadbent's growth plan.

Gary Browning's appointment brings the benefit of over 20 years' relevant sector experience to the Company. Gary joined Penna Consulting plc, the international human resources consulting group, in 2002. He was Chief Executive from 2005, when the business was capitalised at approximately GBP25m, until 2016 when the business was sold to ADECCO S.A. for GBP105m. His earlier career included 12 years with WPP Group plc where, from 1997 to 2002, he was Managing Director of BDG McColl Ltd.

Gary Browning is currently a Non-Executive Director at CloudCall plc; a Non-Executive Director and Advisor at Lee Hecht Harrison Penna; Board Advisor to MyKindaFuture; a Non-Executive Director at Talking Talent Ltd, a Non-Executive Director at Employment Conditions Abroad, Board Advisor to AMEO ltd and a Director (National Advisory Board) of Career Ready.

Change of Adviser

The Company is also pleased to announce that it has appointed WH Ireland Limited as its Nominated Adviser and Broker with immediate effect.

Issue of Secured Loan Notes

The Company has raised GBP300,000, through the issue of secured loan notes ("2017 Loan Notes"). The 2017 Loan Notes are being subscribed for by the MI Downing UK Micro Cap Growth Fund.

The 2017 Loan Notes will be repayable on 22 August 2018 and bear interest at 12% per annum which is payable in cash, quarterly in arrears. The proceeds of the 2017 Loan Notes will be used for working capital purposes as the Group prepares for the next phase of the growth plan.

Downing is a substantial shareholder in Norman Broadbent and therefore the issue of the 2017 Loan Notes to Downing is deemed to be a related party transaction pursuant to Rule 13 of the AIM Rules for Companies. The directors of Norman Broadbent, having consulted with the Group's nominated adviser, WH Ireland Limited, consider Downing's participation in the issue of the 2017 Loan Notes to be fair and reasonable insofar as shareholders are concerned.

CFO Succession Planning

James Webber, Group CFO, has indicated to the Board that he intends to leave Norman Broadbent to pursue other business interests. Accordingly the Company has begun a process to find a successor, which is being led by the Group CEO supported by Gary Browning and the Board. The succession planning process is well underway in order to facilitate a seamless hand-over.

Commenting on today's announcement, Group CEO Mike Brennan said:

"We are delighted to welcome Gary to Norman Broadbent. His significant experience and counsel will be of great value to the Board and me as we enter the next stage of our growth plan. We are ambitious for the Company and feel Gary not only understands that ambition, but can help us achieve it.

On behalf of the Board I would also like to thank James Webber for his significant contribution to Norman Broadbent. Having spent nearly 4 years with us, he showed himself to be a loyal and committed member of the Norman Broadbent team. I have greatly enjoyed working with him since I joined the Group as CEO last April. On behalf of everyone at Norman Broadbent, we wish him all the very best.

The Board are also pleased to welcome WH Ireland to Norman Broadbent's group of advisors. As 'Growth Advisors', they seem ideally positioned to help the Company as we enter a new and exciting phase."

[battlebus2] 21/7/2017 15:36

Hi cossie good to see another holder, patience required for these hence they are in my early/recovery folio....

[cossie] 21/7/2017 15:33

Hi bb, holding quite a few for the end game. Quoted 12.325p to buy up to 20000. Still only bid 8.5p on 3000.

[battlebus2] 21/7/2017 15:26

you'll buy well within that cossie.