Issue of Equity, Director/PDMR Shareholding & TVR

NAHL Group PLC

17 May 2024

 

17 May 2024

NAHL Group PLC

("NAHL" or the "Group")

Issue of Equity from Exercise of Share Options

Director/PDMR Shareholding

Total Voting Rights

NAHL (AIM: NAH), a leading UK marketing and services business focused on the consumer legal market, today announces the issue and allotment of 608,406 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 233,587 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 this exercise of share options, their respective interests in the Group's enlarged issued share capital are as follows:

	Number of Ordinary Shares	% interest in NAHL
James Saralis	370,902	0.78
Chris Higham	248,434	0.52

Application has been made for the 608,406 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 22 May 2024 ("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 47,518,103 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 Guidance 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  Identification code	Ordinary shares of £0.0025 each in NAHL Group PLC 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                   233,587
d)	Aggregated information: -      Aggregated volume -      Price	233,587 Ordinary Shares £0.0025
e)	Date of the transaction	16 May 2024
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  Identification code	Ordinary shares of £0.0025 each in NAHL Group PLC 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 -      Price	46,000 Ordinary Shares £0.0025
e)	Date of the transaction	16 May 2024
f)	Place of the transaction	Outside a trading venue

ENDS

For further information please call:

NAHL Group PLC James Saralis (CEO) Chris Higham (CFO)	via FTI Consulting Tel: [phone]
Allenby Capital (AIM Nominated Adviser & Broker) Jeremy Porter / Liz Kirchner (Corporate Finance) Amrit Nahal / Stefano Aquilino (Sales & Corporate Broking)	Tel: [phone]
FTI Consulting (Financial PR) Alex Beagley Eleanor Purdon Amy Goldup	Tel: [phone]

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 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, www.national-accident-helpline.co.uk,  www.national-accident-law.co.uk and www.bushco.co.uk .

 

 

END