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: [phone]
Peel Hunt LLP (Nomad & Broker) Ed Allsopp Miles Cox Rishi Shah	Tel: [phone]
FTI Consulting (Financial PR) Alex Beagley James Styles Sam Macpherson	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 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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