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
|
|
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
|
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
|
|
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
|
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 (0) 207 220 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.uk, www.national-accident-helpline.co.uk,
www.national-accident-law.co.uk
and www.bushco.co.uk .