Source - LSE Regulatory
RNS Number : 9258O
NAHL Group PLC
17 May 2024
 

17 May 2024

NAHL Group PLC

("NAHL" or the "Group")

 

Issue of Equity from Exercise of Share Options

Director/PDMR Shareholding

Total Voting Rights

 

NAHL (AIM: NAH), a leading UK marketing and services business focused on the consumer legal market, today announces the issue and allotment of 608,406 new ordinary shares of £0.0025 each in the Group ("Ordinary Shares") pursuant to the exercise of certain share options.

 

As part of this exercise, James Saralis (Group Chief Executive) and Chris Higham (Group Chief Financial Officer) exercised 233,587 and 46,000 share options respectively. These share options were granted on 23 April 2021 and with an exercise price of £0.0025 pence per share. Following this exercise of share options, their respective interests in the Group's enlarged issued share capital are as follows:

 


Number of Ordinary Shares

% interest in NAHL

James Saralis

370,902

0.78

Chris Higham

248,434

0.52

 

Application has been made for the 608,406 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 22 May 2024 ("Admission"). The new Ordinary Shares will rank pari passu with the existing ordinary shares of the Group.

 

Total voting rights

 

Following the exercise of options and Admission, the issued share capital of the Group will consist of 47,518,103 Ordinary Shares, none of which are held in treasury. Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the issued share capital of the Group under the FCA's Disclosure Guidance and Transparency Rules.

 

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

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

Exercise of share options in NAHL Group PLC

c)

Price(s) and volume(s)

 

 

Price(s)

Volumes

£0.0025

                  233,587

d)

Aggregated information:

-      Aggregated volume

-      Price

 

233,587 Ordinary Shares

£0.0025

 

 

e)

Date of the transaction

16 May 2024

f)

Place of the transaction

Outside a trading venue

 

 

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

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

Exercise of share options in NAHL Group PLC

c)

Price(s) and volume(s)

Price(s)

Volumes

£0.0025

                  46,000

d)

Aggregated information:

-      Aggregated volume

-      Price

 

46,000 Ordinary Shares

£0.0025

 

 

e)

Date of the transaction

16 May 2024

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 / Liz Kirchner (Corporate Finance)

Amrit Nahal / Stefano Aquilino (Sales & Corporate Broking)

 

Tel: +44 (0207 220 0500

FTI Consulting (Financial PR)

Alex Beagley

Eleanor Purdon

Amy Goldup

 

Tel: +44 (0) 20 3727 1000

Notes to Editors

NAHL Group plc (AIM: NAH) is a leader in the Consumer Legal Services market. The Group provides services and products to individuals and businesses through its two divisions:

 

· Consumer Legal Services provides outsourced marketing services to law firms through National Accident Helpline and and claims processing services to individuals through National Accident Law,  Law Together and Your 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.ukwww.national-accident-helpline.co.uk,  www.national-accident-law.co.uk and www.bushco.co.uk .

 

 

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