Last checked at 26 Apr 2021 07:00
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) | Position / 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) |
| ||||
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: +44 (0) 20 3727 1000 |
Peel Hunt LLP (Nomad & Broker) Ed Allsopp Miles Cox Rishi Shah
| Tel: +44 (0) 20 7418 8890 |
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.
More information is available at www.nahlgroupplc.co.uk, www.national-accident-helpline.co.uk and www.bushco.co.uk.