REG - NAHL Group PLC - Grant of options under SAYE Scheme

NAHLAnnouncement

30/10/2023 07:15

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RNS Number : 6224R  NAHL Group PLC  30 October 2023

 

30 October 2023

NAHL Group PLC

("NAHL", the "Company" or the "Group")

 

Grant of options under SAYE Scheme

 

NAHL (AIM: NAH), a leading marketing and services business focused on the UK
consumer legal market, announces that on 27 October 2023, it granted 463,736
options over new ordinary shares of 0.25 pence each ("Ordinary Shares") to
certain employees and directors of the Group under the NAHL Save As You Earn
scheme ("SAYE Scheme").

 

Participation in the SAYE Scheme has been made available to all employees of
the Company who satisfy certain eligibility criteria, giving them the
opportunity to participate in the future growth of the Company via options
granted under the NAHL Group Share Option Plan.  The following directors and
persons discharging managerial responsibility ("PDMRs") of the Company have
elected to participate in the SAYE Scheme and their options are included in
the total figures above.

 

 

 Name                Title                    Number of options granted  Exercise price
 James Saralis       Chief Executive Officer  41,222                     £0.45
 Christopher Higham  Chief Financial Officer  41,222                     £0.45

 

The options vest after three years, subject to continued employment with the
Group, and are exercisable at a price of £0.45 per share, representing a
discount of 20 per cent to the closing mid-market price of the Ordinary Shares
on 6 October 2023, calculated in accordance with the rules of the SAYE Scheme.

 

Following the grant of these options, James Saralis is now interested in a
total of 845,970 share options in the Company and Chris Higham is now
interested in a total of 507,221 share options in the Company.

 

Following this grant there are a total of 3,719,543 share options granted over
unissued Ordinary Shares granted to directors and employees, representing 7.9%
of the Company's current ordinary share capital of 46,894,697 Ordinary Shares.

 

For further information:

 NAHL Group PLC                                                  via FTI Consulting

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

 Chris Higham (CFO)

 Allenby Capital (AIM Nominated Adviser & Broker)                Tel: +44 (0) 207 220 0500

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

 Amrit Nahal/Stefano Aquilino (Sales & Corporate Broking)

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

 Alex Beagley

 Sam Macpherson

 Amy Goldup

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 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
(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/) .

 

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

 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
 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
                                                                   £0.45   41,222
 e)  Aggregated information                                        As above

     -     Volume

     -     Price
 f)  Date of the transaction                                       27 October 2023
 g)  Place of the transaction                                      Outside of a trading venue

e)

Aggregated information

-     Volume

-     Price

As above

f)

Date of the transaction

27 October 2023

g)

Place of the transaction

Outside of a trading venue

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                          Mr Christopher Higham
 2.  Reason for the notification
 a)  Position / status                                             Chief Financial 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
                                                                   £0.45   41,222
 e)  Aggregated information                                        As above

     -     Volume

     -     Price
 f)  Date of the transaction                                       27 October 2023
 g)  Place of the transaction                                      Outside of a trading venue

e)

Aggregated information

-     Volume

-     Price

As above

f)

Date of the transaction

27 October 2023

g)

Place of the transaction

Outside of a trading venue

 

 

 

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