28 April 2022
NAHL Group PLC
("NAHL" or the "Group")
Grant of Awards under Group Share Option Plan
NAHL (AIM: NAH), the leading UK marketing and services business focused on the UK consumer legal market, announces that on 27 April 2022, it awarded 1,106,070 options over new ordinary shares of 0.25 pence each ("Ordinary Shares") to certain employees under the NAHL Group Share Option Plan. This included awards to James Saralis and Chris Higham as set out below:
| Name | Title | Number of options granted | Exercise price |
| James Saralis | Chief Executive Officer | 261,070 | £0.0025 |
| Christopher Higham | Acting Chief Financial Officer (non-board) | 85,000 | £0.0025 |
These options have been granted in line with the Group's Remuneration Policy, and are in the form of nominal cost share options exercisable at the nominal value of Ordinary Shares of 0.25p per share ("Restricted Share Awards") and vest after three years, subject to continued employment. Although no performance related vesting criteria will apply to the Restricted Share Awards, the Remuneration Committee of the Board has discretion to amend the vesting outcome should the amount vesting not reflect the committee's assessment of overall business performance.
Following the grant of these options, James Saralis is now interested in a total of 699,827 share options in the Company and Chris Higham is now interested in a total of 301,999 share options in the Company.
Following this grant there are a total of 3,010,425 share options granted over unissued Ordinary Shares granted to directors and employees, representing 6.50% of the Company's current ordinary share capital of 46,325,222 Ordinary Shares.
The below notifications made in accordance with the requirements of the UK Market Abuse Regulation provide 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 Executive 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 |
| ||||
| f) | Date of the transaction | 27 April 2022 | ||||
| g) | Place of the transaction | Outside of a trading venue | ||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||
| a) | Name | Mr Christopher Higham | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Chief Financial Officer (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 |
| ||||
| f) | Date of the transaction | 27 April 2022 | ||||
| g) | Place of the transaction | Outside of a trading venue | ||||
For further information please call:
|
NAHL Group PLC James Saralis (CEO) Chris Higham (CFO) |
via FTI Consulting Tel: +44 (0) 20 3727 1000 |
|
Allenby Capital (Nomad & Broker) Jeremy Porter/Liz Kirchner/Vivek Bhardwaj (Corporate Finance) Amrit Nahal (Sales & Corporate Broking) |
Tel: +44 (0) 20 3328 5656 |
|
FTI Consulting (Financial PR) 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 ("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 and National Accident 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.
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