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Holding(s) in Company

12 Feb 2015 17:48

RNS Number : 8068E
NAHL Group PLC
12 February 2015
 



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

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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