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RNS Number : 0819A NAHL Group PLC 19 May 2023
19 May 2023
NAHL Group PLC
("NAHL" or the "Group")
Issue of Equity from Exercise of Share Options
Director/PDMR Shareholding
NAHL (AIM: NAH), a leading UK marketing and services business focused on the
consumer legal market, today announces the issue and allotment of 473,121 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 194,656 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 the above exercise of 473,121 share options, their respective
interests in the Group's enlarged issued share capital is as follows:
Number of Ordinary Shares % interest in NAHL
James Saralis 239,837 0.51
Chris Higham 202,434 0.43
Application will be made for the 473,121 new Ordinary Shares to be admitted to
trading on AIM and dealings are expected to commence at 8.00 a.m. on or around
25 May 2023 ("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 46,798,343 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 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 Ordinary shares of £0.0025 each in NAHL Group PLC
Identification code
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 194,656
d) Aggregated information:
- Aggregated volume 194,656 Ordinary Shares
- Price £0.0025
e) Date of the transaction 19 May 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information:
- Aggregated volume
- Price
194,656 Ordinary Shares
£0.0025
e)
Date of the transaction
19 May 2023
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 Ordinary shares of £0.0025 each in NAHL Group PLC
Identification code
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 46,000 Ordinary Shares
- Price £0.0025
e) Date of the transaction 19 May 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information:
- Aggregated volume
- Price
46,000 Ordinary Shares
£0.0025
e)
Date of the transaction
19 May 2023
f)
Place of the transaction
Outside a trading venue
ENDS
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 (AIM Nominated Adviser & Broker) Tel: +44 (0) 207 220 0500
Jeremy Porter / Vivek Bhardwaj (Corporate Finance)
Amrit Nahal (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 (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
(http://www.nahlgroupplc.co.uk/) , www.national-accident-helpline.co.uk
(http://www.national-accident-helpline.co.uk/) and www.bushco.co.uk
(http://www.bushco.co.uk) .
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