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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nahl Group Plc | LSE:NAH | London | Ordinary Share | GB00BM7S2W63 | ORD GBP0.0025 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 67.50 | 66.00 | 69.00 | 69.00 | 69.00 | 69.00 | 9,580 | 16:35:18 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Advertising Agencies | 41.42M | 385k | 0.0082 | 84.15 | 32.36M |
TIDMNAH
RNS Number : 1518Q
NAHL Group PLC
08 September 2017
8 September 2017
NAHL Group PLC
("NAHL" or the "Group")
Refinancing of Banking Facilities
NAHL, the leading marketing and services business focused on the UK consumer legal market, is pleased to announce that it has entered into new, increased banking facilities with Yorkshire Bank (the "Facility").
The new Facility comprises a GBP25.0m Revolving Credit Facility ("RCF") which will be used to repay the current GBP9.4m Term Loan and replace the existing GBP5.0m RCF. The new Facility can be utilised for general business purposes, including working capital of the Group and the payment of dividends. The Facility will support the Group's long-term business strategy. The increased RCF meets the immediate needs of the Group as well as providing sufficient headroom to allow the business to invest for growth and to fund investment in cases in the Personal Injury division.
The Facility has a final maturity date of 31 December 2021.
For further information please call:
NAHL Group plc via FTI Consulting Russell Atkinson (CEO) Tel: +44 (0) 20 Steve Dolton (CFO) 3727 1000 Investec Bank plc (NOMAD Tel: +44 (0) 20 & Broker) 7597 5970 Garry Levin James Ireland David Flin David Anderson William Godfrey FTI Consulting (Financial Tel: +44 (0) 20 PR) 3727 1000 Oliver Winters Alex Beagley James Styles
Notes to Editors
NAHL Group
NAHL Group plc is a leading UK consumer marketing business focused on the UK legal services market. The Group comprises three companies: National Accident Helpline (NAH), Fitzalan Partners (Fitzalan) and Bush & Company Rehabilitation (Bush). NAH provides outsourced marketing services in the personal injury market, Fitzalan, which includes Searches UK a leading conveyancing search provider, provides marketing services in the property market and Bush provides a range of specialist services in the catastrophic injury market.
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
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(END) Dow Jones Newswires
September 08, 2017 02:00 ET (06:00 GMT)
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