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IN BRIEF: Norman Broadbent repays half of convertible loan note

19th May 2023 13:09

Norman Broadbent PLC - London-based recruitment firm - Repays half of the proceeds of its convertible loan note, amounting to about GBP200,000 plus interest. The convertible loan note was issued in May 2022. Adds that it has been able to repay it, as a result of "its consistently strong trading performance." The company aims to repay the balance before the second anniversary of the issue of the convertible loan note.

Current stock price: 4.74 pence

12-month change: down 27%

By Sophie Rose, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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