Notification of sale of ordinary shares in NAHL

RNS Number : 1616D
NAHL Group PLC
26 January 2015
 



26 January 2015

 

 

Notification of sale of ordinary shares in NAHL Group plc ("NAHL" or the "Group")

 

Inflexion Private Equity Partners LLP ("Inflexion") announces that Inflexion 2006 General Partner Limited and Inflexion Co-Investment Limited (together, the "Inflexion Funds"), sold 6,178,212 Ordinary Shares, representing 15.01 per cent. of the total number of voting rights in the Group, at a price of 225 pence per Ordinary Share (the "Inflexion Transaction") on 26 January 2015. As a result of this sale, funds managed by Inflexion no longer have any interest in NAHL Group plc.

 

Lloyds Development Capital (Holdings) Limited ("LDC") announces that Lloyds Development Capital (Holdings) Limited and OBS 2009 (together, the "LDC Funds"), sold 6,165,855 Ordinary Shares, representing 14.98 per cent. of the total number of voting rights in the Group, at a price of 225 pence per Ordinary Share (the "LDC Transaction") on 26 January 2015.

 

Investec acted in connection with both the Inflexion Transaction and the LDC Transaction.

 

Interest in Ordinary Shares following Transaction

Following completion of the Placing the interests of Inflexion and LDC in NAHL are as follows:

 


Beneficial interest in Ordinary Shares after Placing


No. of Shares

%

Inflexion Funds

LDC Funds

LDC via the LDC Opportunity Club 2009

None

None

12,356

None

None

0.03%

The Ordinary Shares referred to above are the ordinary shares of £0.0025 pence each in NAHL Group plc.

ENDS


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