REG - NAHL Group PLC - Grant of Awards under Group Share Option Plan

NAHLAnnouncement

28/04/2022 07:15

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RNS Number : 6151J  NAHL Group PLC  28 April 2022

28 April 2022

NAHL Group PLC

("NAHL" or the "Group")

Grant of Awards under Group Share Option Plan

NAHL (AIM: NAH), the leading UK marketing and services business focused on the
UK consumer legal market, announces that on 27 April 2022, it awarded
1,106,070 options over new ordinary shares of 0.25 pence each ("Ordinary
Shares") to certain employees under the NAHL Group Share Option Plan.  This
included awards to James Saralis and Chris Higham as set out below:

 Name                Title                                       Number of options granted  Exercise price
 James Saralis       Chief Executive Officer                     261,070                    £0.0025
 Christopher Higham  Acting Chief Financial Officer (non-board)  85,000                     £0.0025

 

These options have been granted in line with the Group's Remuneration Policy,
and are in the form of nominal cost share options exercisable at the nominal
value of Ordinary Shares of 0.25p per share ("Restricted Share Awards") and
vest after three years, subject to continued employment.  Although no
performance related vesting criteria will apply to the Restricted Share
Awards, the Remuneration Committee of the Board has discretion to amend the
vesting outcome should the amount vesting not reflect the committee's
assessment of overall business performance.

 

Following the grant of these options, James Saralis is now interested in a
total of 699,827 share options in the Company and Chris Higham is now
interested in a total of 301,999 share options in the Company.

 

Following this grant there are a total of 3,010,425 share options granted over
unissued Ordinary Shares granted to directors and employees, representing
6.50% of the Company's current ordinary share capital of 46,325,222 Ordinary
Shares.

 

The below notifications made in accordance with the requirements of the UK
Market Abuse Regulation provide further detail:

 1.  Details of PDMR / person closely associated with them ("PCA")
 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
 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   Options over ordinary shares of 0.25 pence each
 b)  Identification code                                           GB00BM7S2W63

 c)  Nature of the transaction                                     Grant of options
 d)  Price(s) and volume(s)

Price     Volume
                                                                   £0.0025   261,070
 e)  Aggregated information                                        As above

     -     Volume

     -     Price
 f)  Date of the transaction                                       27 April 2022
 g)  Place of the transaction                                      Outside of a trading venue

e)

Aggregated information

-     Volume

-     Price

As above

f)

Date of the transaction

27 April 2022

g)

Place of the transaction

Outside of a trading venue

 

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                                          Mr Christopher Higham
 2.  Reason for the notification
 a)  Position / status                                             Chief Financial Officer (PDMR)
 b)  Initial notification / amendment                              Initial notification
 3.  Details of the issuer
 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   Options over ordinary shares of 0.25 pence each
 b)  Identification code                                           GB00BM7S2W63

 c)  Nature of the transaction                                     Grant of options
 d)  Price(s) and volume(s)

Price     Volume
                                                                   £0.0025   85,000
 e)  Aggregated information                                        As above

     -     Volume

     -     Price
 f)  Date of the transaction                                       27 April 2022
 g)  Place of the transaction                                      Outside of a trading venue

e)

Aggregated information

-     Volume

-     Price

As above

f)

Date of the transaction

27 April 2022

g)

Place of the transaction

Outside of a trading venue

 

For further information please call:

 NAHL Group PLC                                                  via FTI Consulting

 James Saralis (CEO)                                             Tel: +44 (0) 20 3727 1000

 Chris Higham (CFO)

 Allenby Capital (Nomad & Broker)                                Tel: +44 (0) 20 3328 5656

 Jeremy Porter/Liz Kirchner/Vivek Bhardwaj (Corporate Finance)

 Amrit Nahal (Sales & Corporate Broking)

 FTI Consulting (Financial PR)                                   Tel: +44 (0) 20 3727 1000
 Alex Beagley

Sam Macpherson                                                 NAHL@fticonsulting.com

 Amy Goldup

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 and conveyancing 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
(http://www.nahlgroupplc.co.uk/) , www.national-accident-helpline.co.uk
(http://www.national-accident-helpline.co.uk/) ,
www.national-accident-law.co.uk (http://www.national-accident-law.co.uk/)
 and www.bushco.co.uk (http://www.bushco.co.uk/) .

 

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