Last checked at 7 Sep 2020 07:00
7 September 2020
NAHL Group PLC
("NAHL", the "Group" or "Company")
Board Changes
NAHL (AIM: NAH), a leader in the UK consumer legal services market, announces the resignation of Group CEO, Russell Atkinson. His resignation as a director is effective immediately and he will leave the Company's employment at the end of September 2020.
The Board has commenced a search process to find a suitable replacement and will make further announcements in due course. Caroline Brown, Chair of the Board, will carry out this role in the interim. The two divisions of the Group, headed up by their own autonomous management structures, will continue to operate unaffected.
The Company released a trading statement on 23 July 2020 since which it has continued to trade in line with Board expectations. The Board looks forward to announcing results for the six months ended 30 June 2020 on 22 September 2020.
Caroline Brown, Non-Executive Chair, said:
"We would like to take this opportunity to thank Russell for his considerable contribution to the Group over the past eight years including the IPO, three acquisitions, the transformation of the personal injury business into a law firm and navigating the Covid-19 lockdown this year. We wish him well for the future."
This announcement is deemed to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014
For further information please contact:
NAHL Group PLC Caroline Brown (Chair) James Saralis (CFO) | via FTI Consulting Tel: +44 (0) 20 3727 1000 |
finnCap Ltd (NOMAD & Broker) Julian Blunt/James Thompson (Corporate Finance) Andrew Burdis (Corporate Broking) | Tel: +44 (0) 207 220 0500 |
FTI Consulting (Financial PR) Alex Beagley James Styles Sam Macpherson | Tel: +44 (0) 20 3727 1000 |
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.