BofA update shows where active managers are putting money
LONDON - Ennismore Fund Management Limited has increased its stake in Norman Broadbent PLC (LSE:LON:NBB) to 16.99% of voting rights, according to a regulatory filing released Thursday.
The threshold was crossed on June 18, with the company notifying Norman Broadbent the following day, as required under UK disclosure rules.
The stake is held through two funds: Ennismore European Smaller Companies Fund, which holds 13.97% of voting rights, and Ennismore European Smaller Companies Master Hedge Fund, which holds 3.02%.
The total position amounts to 324,738 voting rights in the UK-based recruitment firm. The filing did not disclose Ennismore’s previous ownership position before crossing the reportable threshold.
The disclosure was made through a TR-1 form, the standard regulatory notification for major holdings in UK-listed companies, as required when an investor crosses certain ownership thresholds.
Norman Broadbent, listed on the London Stock Exchange (LON:LSEG), specializes in executive search and leadership consulting services.
The information was disclosed in a regulatory news service filing submitted to the London Stock Exchange.
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