Grant of Awards under Group Share Option Plan

RNS Number : 5072W
NAHL Group PLC
26 April 2021
 

26 April 2021

NAHL Group PLC

("NAHL" or the "Group")

Grant of Awards under Group Share Option Plan 

NAHL (AIM: NAH), a leader in the UK consumer legal services market, announces that on 23 April 2021, it awarded options over ordinary shares of 0.25 pence each ("Ordinary Shares") under the NAHL Group Share Option Plan, as set out below: 

Name

Title

Number of Options granted

Exercise price

Mr James Saralis

Chief Financial Officer

428,243

£nil

 

These options are granted in the form of nil cost share options ("Restricted Share Awards") with vesting ordinarily subject to continued employment, normally over at least a three-year period.  Although no performance metrics will apply to Restricted Share Awards, the Remuneration Committee of the Board will have discretion to amend the vesting outcome should the amount vesting not reflect the Committee's assessment of overall business performance. The options awarded to Mr Saralis were made following consultation with the Company's major shareholders.

 

Following the grant of these options, Mr Saralis is now interested in a total of 549,325 share options in the Company.

 

The below notification made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Mr James Saralis

2.

Reason for the notification 

a)

Positio n / 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

Nil

428,243

e)

Aggregated information

-  Volume

Price


As above

f)

Date of the transaction

23 April 2021

g)

Place of the transaction

Outside of a trading venue

 

For further information please contact:

 

NAHL Group plc

Tim Aspinall (Chair)

James Saralis (CFO) 

 

via FTI Consulting

Tel: +44 (0) 20 3727 1000

Peel Hunt LLP (Nomad & Broker)

Ed Allsopp

Miles Cox

Rishi Shah

 

Tel: +44 (0) 20 7418 8890

FTI Consulting (Financial PR)

Alex Beagley

James Styles

Sam Macpherson  

Tel: +44 (0) 20 3727 1000

 

 

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, National Accident Law and National Conveyancing Partners.  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 and www.bushco.co.uk .

 

 

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