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NAHL Group plc announced the issue and allotment of 96,354 new ordinary shares of £0.0025 each, resulting from the exercise of share options granted on 23 April 2021 at an exercise price of £0.0025 per share. Application will be made for these shares to be admitted to trading on AIM around 6 June 2023. Following this, the total number of ordinary shares and voting rights in the Group will be 46,894,697.
| Date | 31 May 2023 |
| Time | 15:50:23 |
| Category | Miscellaneous |
| ID | 2185B |
31 May 2023
NAHL Group plc
("NAHL" or the "Group")
Issue of Equity from Exercise of Share Options and
Total voting rights
NAHL (AIM: NAH), a leading marketing and services business focused on the UK consumer legal market, today announces the issue and allotment of 96,354 new ordinary shares of £0.0025 each in the Group ("Ordinary Shares") pursuant to the exercise of certain share options. These share options were granted on 23 April 2021 and with an exercise price of £0.0025 per share.
Application will be made for the 96,354 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on or around 6 June 2023 ("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 ordinary share capital of the Group will comprise of 46,894,697 ordinary shares of £0.0025 each with one voting right per share ("Ordinary Share"). The Group does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Group is 46,894,697.
This figure may be used by shareholders in the Group 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 share capital of the Group under the FCA's Disclosure Guidance and Transparency Rules.
For further information:
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NAHL Group PLC James Saralis (CEO) Chris Higham (CFO)
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via FTI Consulting Tel: +44 (0) 20 3727 1000 |
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Allenby Capital (AIM Nominated Nomad & Broker) Jeremy Porter/Vivek Bhardwaj (Corporate Finance) Amrit Nahal/Stefano Aquilino (Sales & Corporate Broking)
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Tel: +44 (0) 20 3328 5656 |
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FTI Consulting (Financial PR) Alex Beagley Sam Macpherson Amy Goldup
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Tel: +44 (0) 20 3727 1000 NAHL@fticonsulting.com |
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 in the CLS market through its two divisions:
· Consumer Legal Services 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. 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.