Exercise of Options and Issue of Equity

RNS Number : 1304Z

NAHL Group PLC

08 January 2020

 

8 January 2020

NAHL Group PLC

("NAHL" or the "Group")

Issue of Equity from Exercise of Share Options

NAHL (AIM: NAH), the leading UK consumer marketing business focused on the UK legal services market, today announces the issue and allotment of 61,506 new ordinary shares of £0.0025 each in the Group ("Ordinary Shares") pursuant to the exercise of certain share options.

Application has been made for the 61,506 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 13 January 2020 ("Admission"). The New Ordinary Shares will rank pari passu with the existing ordinary shares of the Group.

Following the exercise of options and Admission, the issued share capital of the Group will consist of 46,240,222 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.

Enquiries:

NAHL Group plc Russell Atkinson (CEO) James Saralis (CFO)	via FTI Consulting Tel: [phone]
finnCap Ltd (NOMAD & Broker) Julian Blunt / James Thompson/ Hannah Boros (Corporate Finance) Andrew Burdis (Corporate Broking)	Tel: [phone]
FTI Consulting (Financial PR) Alex Beagley James Styles Laura Saraby	Tel: [phone]

 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 three divisions:

·    Personal Injury provides outsourced marketing services to law firms through National Accident Helpline and claims processing services to individuals through Your Law, Law Together and National Accident Law.

·    Critical Care provides a range of specialist services in the catastrophic and serious injury market to both claimants and defendants through Bush and Company Rehabilitation.

·    Residential Property provides marketing services to law firms and conveyancers as well as surveys to individuals through Fitzalan Partners. It also provides property searches through Searches UK.

 More information is available at www.nahlgroupplc.co.uk

 

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