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On 23 December 2024, NAHL Group plc provided an update on the potential disposal of its Critical Care business, Bush & Co. The Board has held discussions with various potential buyers and is progressing with final bidders. The Board is seeking to conclude the process as soon as possible, with no certainty that the disposal will occur or as to its terms.
| Date | 23 Dec 2024 |
| Time | 07:00:02 |
| Category | Corporate updates |
| ID | 0040R |
23 December 2024
NAHL Group plc
("NAHL", the "Company" or the "Group")
Update on potential disposal of Bush & Co.
Further to the announcement on 24 September 2024, the Board of NAHL (AIM: NAH) confirms that it has had discussions with a wide variety of potential buyers for Bush & Co., the Group's Critical Care business, and discussions with final bidders are progressing. The Board is seeking to conclude the process as soon as possible and will update shareholders as appropriate.
In line with any M&A process there can be no certainty that the disposal will occur nor as to its terms.
For further information:
|
NAHL Group PLC James Saralis (CEO) Chris Higham (CFO)
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via FTI Consulting Tel: +44 (0) 20 3727 1000 |
|
Allenby Capital (AIM Nominated Adviser & Broker) Jeremy Porter/Liz Kirchner (Corporate Finance) Amrit Nahal/Stefano Aquilino (Sales & Corporate Broking)
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Tel: +44 (0) 20 3328 5656 |
|
FTI Consulting (Financial PR) Alex Beagley Amy Goldup |
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.