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NAHL Group plc announced on 24 April 2024 the issue and allotment of 15,000 new ordinary shares of £0.0025 each. These shares resulted from the exercise of share options by a former employee, which were granted on 28 April 2023 with an exercise price of £0.0025 per share. Following this issuance and expected admission around 30 April 2024, the Group's total issued ordinary share capital and voting rights will amount to 46,909,697 ordinary shares.
| Date | 24 Apr 2024 |
| Time | 17:06:21 |
| Category | Capital structure |
| ID | 9194L |
24 April 2024
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 15,000 new ordinary shares of £0.0025 each in the Group ("Ordinary Shares") pursuant to the exercise of certain share options by a former employee. These share options were granted on 28 April 2023 and with an exercise price of £0.0025 per share (the nominal value of Ordinary Shares).
Application will be made for the 15,000 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on or around 30 April 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 ordinary share capital of the Group will comprise of 46,909,697 ordinary shares of £0.0025 each with one voting right per 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 46,909,697.
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/Liz Kirchner (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 Eleanor Purdon 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 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 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.