NORMAN BROADBENT PLC

AGM Information • Oct 17, 2017

National Storage Mechanism | Additional information

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RNS Number : 8253T

Norman Broadbent PLC

17 October 2017

Norman Broadbent plc

("Norman Broadbent" or the "Company")

Result of General Meeting

General Meeting

Norman Broadbent (AIM: NBB), a leading provider of Talent Acquisition & Advisory Services, comprising Board & Executive Search, Interim Management, Research & Insight, Leadership Consulting & Assessment, and executive level Recruitment Solutions, announces that all resolutions proposed at the Company's General Meeting, held today, were duly approved by shareholders.

As a result, shareholders have granted the Company's directors the authority to allot and issue 12,252,250 new ordinary shares of 1 pence each (the "Placing Shares") to raise a total of approximately £1.23m (the "Placing") (before expenses), as announced on 29 September 2017.

Significant Shareholders

Certain of the Company's substantial shareholders and directors have participated in the Placing on the same terms as other investors.  The level of such participation, as well as each substantial shareholder and director's interests in the Company's issued share capital before and following completion of the Placing are set out below:

Existing substantial shareholder	Number of Ordinary Shares held before the Placing	Percentage of current issued Ordinary Share capital	Number of new Ordinary Shares subscribed for	Number of new Ordinary Shares held on Admission	Percentage of Enlarged Issued Share Capital
Downing LLP	10,528,003	25.29%	3,319,500	13,847,503	25.70%
Ennismore Fund Management Limited	7,453,992	17.90%	2,192,750	9,646,742	17.90%
Moulton Goodies Limited	6,066,739	14.57%	2,000,000	8,066,739	14.97%
Pierce Augustan Casey	5,775,005	13.87%	500,000	6,275,005	11.65%

Director	Number of Ordinary Shares held before the Placing	Percentage of current issued Ordinary Share capital	Number of Ordinary Shares held on Admission	Percentage of Enlarged Issued Share Capital
Mike Brennan	666,315	1.60%	916,315	1.70%
Frank Carter	157,894	0.38%	207,894	0.39%
Brian Stephens	117,955	0.28%	167,955	0.31%

Applications for Admission

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.

Following Admission the Company will have 53,885,570 ordinary shares in issue. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following this allotment consists of 53,885,570 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, the Company under the DTRs.

For further information, please contact:

Norman Broadbent plc                                                           Mike Brennan / Will Gerrand	020 7484 0000
WH Ireland Limited Adrian Hadden / Jessica Cave / Alex Bond	0207 220 1666

For further information visit www.normanbroadbent.com

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

This information is provided by RNS

The company news service from the London Stock Exchange

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