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NAH Nahl Group Plc

67.50
0.50 (0.75%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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
  0.50 0.75% 67.50 65.00 69.00 65.00 65.00 65.00 2 16:35:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Advertising Agencies 41.42M 385k 0.0082 79.27 30.48M

NAHL Group PLC Response to Press Comment (6922X)

23/02/2017 11:40am

UK Regulatory


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RNS Number : 6922X

NAHL Group PLC

23 February 2017

23 February 2017

NAHL Group PLC

("NAHL" or the "Group")

Response to Press Comment

NAHL (AIM: NAH), the leading UK marketing and services business focused on the UK consumer legal market, notes the press comment reporting that the Ministry of Justice (MoJ) has proposed, as part of the Prisons and Courts Bill unveiled today, to increase the small claims limit for road traffic accident (RTA) claims to GBP5,000 and introduce a new small claims threshold of GBP2,000 for all other personal injury claims.

NAHL, through National Accident Helpline ("NAH"), the Group's PI division, has been fully supportive of the government's work in tackling insurance fraud via its involvement in the Insurance Fraud Task Force and whilst we remain focused on the potential impact on claimants, we welcome the increased clarity provided today.

As previously stated, enquiries generated by NAH are predominately non-RTA related, nevertheless a proportion of these do fall below the proposed GBP2,000 threshold and will require an alternative route to justice. We will examine the impact of the proposed changes with a view to ensuring all claimants have the necessary access to justice and will provide a further update prior to the Group's preliminary results scheduled for 21(st) March.

For further information please call:

 
NAHL Group plc                      via FTI Consulting 
 Russell Atkinson (CEO)              Tel: +44 (0) 20 3727 
 Steve Dolton (CFO)                  1000 
Investec Bank plc (NOMAD & Broker)  Tel: +44 (0) 20 7597 
 Garry Levin                         5970 
 David Flin 
 James Ireland 
 David Anderson 
 William Godfrey 
FTI Consulting (Financial PR)       Tel: +44 (0) 20 3727 
 Oliver Winters                      1000 
 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

END

SPCEAFADADPXEFF

(END) Dow Jones Newswires

February 23, 2017 06:40 ET (11:40 GMT)

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