NORMAN BROADBENT PLC

Governance Information • Mar 22, 2018

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RNS Number : 5024I

Norman Broadbent PLC

22 March 2018

Norman Broadbent plc

Move to newer, more modern Central London

Offices "reflect the 'new' Norman Broadbent Group"

Office relocation set to generate £300,000+ in annualised cost savings

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Norman Broadbent plc (AIM: NBB) is a leading Professional Services firm specifically focussing on Talent Acquisition & Advisory Services. These comprise Board & Leadership Search, Senior Interim Management, Research & Insight, Leadership Consulting & Assessment, and executive level Recruitment Solutions.

Norman Broadbent Group is pleased to announce that it has signed a lease to secure new Central London premises. The lease was signed on 21 March 2018 and relates to a 5,335 sq ft. office in Portland House, London SW1.

Group Chief Executive Officer, Mike Brennan, said "The ongoing reinvention of Norman Broadbent Group is progressing well. Our broader, more integrated service proposition is landing well with clients, the business is competitive, and culturally we are more innovative and collegiate. Our move in May 2018 enables us to operate out of a brand-enhancing, more modern and efficient, purpose built office. Our new offices very much reflect the 'new' Norman Broadbent Group. The Central London location works well for clients - many of whom interview candidates in our offices - as well as candidates and colleagues."

Group CFO, Will Gerrand added "This is a significant move for the Company as not only will it generate annualised cost savings of over £300,000 starting from mid-year 2018, but also provides additional capacity to grow."             

ENDS

For further information please contact:

Norman Broadbent plc:  Mike Brennan/ Will Gerrand 020 7484 0000

WH Ireland Limited: Adrian Hadden/ Jessica Cave/ Alex Bond 020 7220 1666

This information is provided by RNS

The company news service from the London Stock Exchange

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