NORMAN BROADBENT PLC

Business and Financial Review • Jul 4, 2017

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RNS Number : 1059K

Norman Broadbent PLC

04 July 2017

4 July 2017

Norman Broadbent plc

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

Norman Broadbent plc announces contract win with FTSE 100 corporate

The Board of Norman Broadbent (AIM: NBB) - a provider of Talent Acquisition & Advisory Services, comprising Board and Executive Search, Interim Management, Research & Insight, Leadership Consulting & Assessment, and executive-level Recruitment Solutions - is pleased to announce a major contract win with a FTSE 100 company to provide Executive Assessment and Research & Insight services.  

Norman Broadbent will provide a range of its services over a three-year period. Besides Leadership Consulting & Assessment services, it will also incorporate Research & Insight which aims to help clients to make more informed 'people', organisational, and business decisions. This contract win demonstrates the ongoing success of the Group's strategy of developing complementary brands, enabling greater synergies and cross-selling opportunities whilst creating a more diverse range of high quality revenue streams.

This is a strategically significant contract for the Group and has the potential to be one of the largest individual contracts won by Norman Broadbent to date.         

Group CEO, Mike Brennan, said: "I am extremely pleased that we have won a contract with such a prestigious client, particularly as we faced stiff competition from a number of larger providers. This contract win is another example of how the Group is diversifying strategically and creating a portfolio of complementary high quality Norman Broadbent brands, designed to service our clients more comprehensively. On behalf of the board, I would like to thank the team for their hard work and commitment in helping us win this strategic piece of work".   

For further information, please contact:

Norman Broadbent plc                                                           

Mike Brennan/James Webber                                         020 7484 0000

Allenby Capital                                                 

Virginia Bull/Liz Kirchner                                     020 3328 5656

For further information, visit www.normanbroadbent.com

This information is provided by RNS

The company news service from the London Stock Exchange

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