Last checked at 12 Feb 2015 17:48
12 February 2015
NAHL Group PLC
("NAHL" or the "Group")
Sale of ordinary shares in NAHL Group plc
NAHL, the leading UK consumer marketing business focused on the Personal Injury market, has today been informed by Lloyds Development Capital (Holdings) Limited ("LDC") that the LDC Opportunity Club 2009 (the "LDC Fund"), sold 12,356 Ordinary Shares representing 0.03 per cent. of the total number of voting rights in the Group (the "Transaction"). As a result of this sale, funds managed by LDC no longer have any interest in NAHL.
NAHL disclosed in its Admission Document published on 23 May 2014, that Robert Stephen Halbert, the Non-executive Chairman of the Group, is a limited partner with a 1/8 interest in the LDC fund. Mr Halbert has no involvement or any ability to influence the investment decisions made by the LDC Fund.
As a result of LDC Fund's disposal, Mr Halbert's beneficial interest in NAHL shares has decreased by 1,545. Following completion of the Transaction the interests of Mr Halbert in NAHL are as follows:
Beneficial interest in Ordinary Shares after Transaction | ||
No. of Shares | % | |
Mr Halbert's indirectly held Ordinary Shares in the LDC Fund Mr Halbert's directly held Ordinary Shares | None
645,658 | None
1.57
|
For further information please call:
NAHL Group PLC | via FTI Consulting |
Russell Atkinson (CEO) | Tel: +44 (0) 20 3727 1000 |
Steve Dolton (CFO) |
Investec Bank PLC (NOMAD & Joint Broker) | Tel: +44 (0) 20 7597 5970 |
Garry Levin David Flin James Ireland |
FTI Consulting (Financial PR) | Tel: +44 (0) 20 3727 1000 |
Oliver Winters | |
Alex Beagley James Styles |
Notes to Editors
NAHL Group
NAHL is a leading UK consumer marketing business focused on the UK personal injury market, advertising through its core brand - National Accident Helpline. Having been established in 1993, the Group's business has grown to become the largest outsourced marketing services provider to the personal injury market - a market which is valued at approximately £3 billion in fees generated mainly by law firms. NAHL's core business model is based on enquiry origination through direct response marketing, connecting claimants who have been injured in non-fault accidents with specialist law firms.
More information is available at www.nahlgroupplc.co.uk and www.national-accident-helpline.co.uk