2 June 2023
NAHL Group PLC
("NAHL" the "Company" or the "Group")
Director/PDMR Shareholdings
NAHL (AIM: NAH), a leading UK marketing and services business focused on the consumer legal market, has been informed that in order to fund the cost and tax liabilities arising from the recent exercise of share options, James Saralis (Group Chief Executive) has today sold 102,522 ordinary shares of £0.0025 each in the Company ("Ordinary Shares") at a price of 39.1p per Ordinary Share. Following the sale, James Saralis holds 137,315 Ordinary Shares, representing approximately 0.29% of the Company's issued share capital.
In addition, the Group has been notified that Chris Higham (Group Chief Financial Officer) has today sold 46,000 Ordinary Shares at a price of 38.0p per Ordinary Share and subsequently repurchased into his SIPP 46,000 Ordinary Shares at a price of 39.16p per Ordinary Share (together the "SIPP Transfer"). Following the SIPP Transfer, Chris Higham's beneficial interest in the share capital of the Company remains unchanged at 202,434 Ordinary Shares, equivalent to approximately 0.43% of the Company's issued share capital.
The following notification, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Mr James Saralis | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Executive Officer (Director and PDMR) | ||||
| b) | Initial notification /Amendment | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | NAHL Group plc | ||||
| b) | LEI | 213800FQN7XBX1S6U981 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.0025 each in NAHL Group PLC
Identification code (ISIN) for NAHL Group PLC ordinary shares: GB00BM7S2W63 | ||||
| b) | Nature of the transaction | Sale of Ordinary Shares in NAHL Group PLC | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information: - Aggregated volume - Price |
102,522 Ordinary Shares £0.391
| ||||
| e) | Date of the transaction | 2 June 2023 | ||||
| f) | Place of the transaction | London Stock Exchange | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||
| a) | Name | Mr Chris Higham | ||||||||||
| 2 | Reason for the notification | |||||||||||
| a) | Position/status | Chief Financial Officer (Director and PMDR)
| ||||||||||
| b) | Initial notification /Amendment | Initial notification | ||||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||
| a) | Name | NAHL Group plc | ||||||||||
| b) | LEI | 213800FQN7XBX1S6U981 | ||||||||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||||||
| a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.0025 each in NAHL Group PLC
Identification code (ISIN) for NAHL Group PLC ordinary shares: GB00BM7S2W63 | ||||||||||
| b) | Nature of the transaction | Sale and repurchase of Ordinary Shares into SIPP | ||||||||||
| c) | Price(s) and volume(s) |
| ||||||||||
| d) | Aggregated information: - Aggregated volume - Price |
N/A
| ||||||||||
| e) | Date of the transaction | 2 June 2023 | ||||||||||
| f) | Place of the transaction | Outside a trading venue | ||||||||||
ENDS
For further information please call:
|
NAHL Group PLC James Saralis (CEO) Chris Higham (CFO)
|
via FTI Consulting Tel: +44 (0) 20 3727 1000 |
| Allenby Capital (AIM Nominated Adviser & Broker) Jeremy Porter / Vivek Bhardwaj (Corporate Finance) Amrit Nahal (Sales & Corporate Broking)
| Tel: +44 (0) 207 220 0500 |
| FTI Consulting (Financial PR) Alex Beagley Sam Macpherson Amy Goldup
| Tel: +44 (0) 20 3727 1000 |
Notes to Editors
NAHL Group plc (AIM: NAH) is a leader in the Consumer Legal Services (CLS) market. The Group provides services and products to individuals and businesses in the CLS market through its two divisions:
· Consumer Legal Services provides outsourced marketing services to law firms through National Accident Helpline and Homeward Legal; and claims processing services to individuals through Your Law, Law Together and National Accident Law. In addition, it also provides property searches through Searches UK.
· Critical Care provides a range of specialist services in the catastrophic and serious injury market to both claimants and defendants through Bush & Co.
More information is available at www.nahlgroupplc.co.uk, www.national-accident-helpline.co.uk and www.bushco.co.uk .
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