Norman Broadbent Share Discussion Threads

[4screws] 02/6/2011 14:12

once again shareholders being ripped off

[4screws] 13/5/2011 14:18

This must be wrong, exercise price showing £1.68, they decide its too high and reduce it to 65p, so all the share holders thinking that options could not be used up are stitched up again and the value reduceed. can someone please explain why this is allowed to happen.

[masurenguy] 03/5/2011 07:30

Muted market reaction so far !

[cliley454] 03/5/2011 06:57

Great news, now they have the funds to move to the next level.

Off topic take a look at FITB. I've just posted some research on the bb.

[masurenguy] 03/5/2011 06:31

RNS Number : 7772F
Norman Broadbent PLC
03 May 2011

Proposed placing to raise £1.75 million

Further to the announcement of the final results of the Company for the year ended 31 December 2010 earlier today, Norman Broadbent is pleased to announce that it has raised £1.75 million (the "Placing") through the issue of 2,692,308 new ordinary shares in the capital of the Company at a placing price of 65 pence per share to certain Directors of the Company, Institutional and other investors. The Placing is conditional upon the passing of certain resolutions at the annual general meeting of the Company, to be held on 31 May 2011 and admission of the Placing Shares to trading on AIM. The net proceeds of the Placing, amounting to approximately £1.71 million, will provide the capital to implement the Company's growth strategy.

Jon Moulton, a substantial shareholder of the Company, has agreed to subscribe for 389,231 Placing Shares. Following Admission, Mr Moulton will be beneficially interested in a total of 2,611,453 ordinary shares, equivalent to 24.85 per cent. of the enlarged issued share capital of the Company. Due to the fact that he is a director of the Company and to the size of his shareholding and subscription, the participation in the Placing by Pierce Casey constitutes a related party transaction as defined by the AIM Rules. The participation in the Placing by Jon Moulton is also a related party transaction as defined by the AIM Rules, due to the size of his shareholding and subscription. The directors of the Company other than Mr Casey, having consulted with Merchant Securities Limited, the Company's nominated adviser, consider that Mr Casey's and Mr Moulton's participations in the Placing are fair and reasonable insofar as Shareholders are concerned.




_________________________________________________________


RNS Number : 7137F
Norman Broadbent PLC
03 May 2011

Final Results for the year ended 31 December 2010

Financial Highlights

· Revenue increased to £6.1m (2009: £6m), with executive search revenues up 9% to £5.7m (2009: £5.2m)

· Profit before tax of £1.0m including gain on disposal of £0.8m (2009 : loss of £3.45m),

· Operating profit of £229,000 (2009: loss of £3.2m), after restructuring costs

· Adjusted earnings per share of 5.69p (2009: loss per share of 56.57p)

· Restructuring programme resulted in a reduction of operating expenditure of 22% to £5.8m (2009: £7.4m)

· £2m cash raised through equity placement during year

· Equity shareholders' funds increased to £978,000 (2009: deficit of £2.4m)

Operational Highlights

· Transformational year - operational integration of Norman Broadbent and Garner International

· Revenue per consultant and per assignment increased significantly (consultant headcount of 20 in 2010 compared with 29 in 2009)

· Acquisition of board assessment, coaching and development business, Human Asset Development International Limited ("HADIL")

· Andrew Garner, founder of Garner and architect of current group to retire on 30 June 2011

· Organic strategy to double search revenues by 2014

· Expansion of HADIL, additional international businesses and new international offices to provide extra growth

Pierce Casey, Executive Chairman, said: "2010 has been a transformational year for Norman Broadbent which has seen the successful operational integration of the executive search businesses of Norman Broadbent and Garner International under the Norman Broadbent brand, a brand which has 30 years of positive, high profile, board level recognition. Trading in the first quarter of 2011 has been both profitable and satisfactory. Notwithstanding the time lag in revenue generation through the active recruitment of new senior executives, the outlook for 2011 as a whole remains positive. Longer term, we are committed to creating a top tier executive search business across a variety of territories, in tandem with a broader suite of human capital services, including executive assessment, evaluation, coaching and an enhanced board level interim service."

[geoffsh] 28/4/2011 11:36

Results going to be released on Tuesday now, instead of today.

[geoffsh] 26/4/2011 17:33

Called the company today,the annual results will be out on Thursday,the chairmans statement and outlook should be interesting.

I had not seen this before,the future looks very positive to me.

[boldtrader] 13/4/2011 07:32

Yes! watching.Thanks.

[4screws] 12/4/2011 13:29

boldtrader...pity the share price don't think so...stuck in the doledrums me thinks.

[boldtrader] 05/4/2011 07:41

Return to profit!! good RNS.

[geoffsh] 10/3/2011 15:32

..............Final results will be released in April................

Should be interesting.

[geoffsh] 28/2/2011 22:28

The weather should be a bit warmer by then.

[4screws] 28/2/2011 22:00

geoffsh found what I was looking for....will give you a rest now.

30 June 2011
Annual Report to 31 December 2010 due


back again in June.

[4screws] 28/2/2011 21:59

Is that right only just over 17% shares on the market, so therefore any buys by PI;s will surley push up the price.

[4screws] 28/2/2011 21:57

Ah...thanks...the website i tried did not have those boxes...even though I am tired. Should be accounts soon for the last year I hope.

many thanks.

[geoffsh] 28/2/2011 21:54

If you go onto the homepage, then click onto the investor relations box on the right hand side that should do the trick.
Regards, geoffsh.

[4screws] 28/2/2011 21:48

geoffsh...greetings...had a look at norman broadbent website and I cannot find any information about share price, accounts...etc...and ideas Please.

[geoffsh] 28/2/2011 21:40

At least its a start!

[4screws] 28/2/2011 21:38

ah we have life after all. still a long way to go to reach £1.80...

[geoffsh] 08/1/2011 12:51

Robert Walters third quarter figures yesterday, appeared to show that the recruitment market is very bouyant at the present time.I would like to think that Norman Broadbent will be benefitting.I believe that the website will be updated soon and that a trading update might be forthcoming within a month or two.

[geoffsh] 24/12/2010 10:25

Well, 2010 has been a hugely significant year for what is now Norman Broadbent,hopefully 2011 will more than make up for past years disappointments.
Happy Christmas to all Norman Broadbent investors and a Very properous New Year.
Geoff.

[geoffsh] 03/12/2010 08:27

Looks an interesting acquistion.

[geoffsh] 26/11/2010 07:41

A very positive update on trading is out today from Harvey Nash,presumably Norman Broadbent is also benefitting from the bouyant recruiment market.Surely not much downside from this share price but potentially plenty of upside.

[geoffsh] 09/11/2010 17:44

....................On the way up..............................