NAHL Group PLC Grant of Awards under Group Share Option Plan (5072W)

TIDMNAH

RNS Number : 5072W

NAHL Group PLC

26 April 2021

26 April 2021

NAHL Group PLC

("NAHL" or the "Group")

Grant of Awards under Group Share Option Plan

NAHL (AIM: NAH), a leader in the UK consumer legal services market, announces that on 23 April 2021, it awarded options over ordinary shares of 0.25 pence each ("Ordinary Shares") under the NAHL Group Share Option Plan, as set out below:

 
 Name               Title             Number of Options   Exercise price 
                                                granted 
 Mr James Saralis   Chief Financial             428,243           GBPnil 
                     Officer 
                   ----------------  ------------------  --------------- 
 

These options are granted in the form of nil cost share options ("Restricted Share Awards") with vesting ordinarily subject to continued employment, normally over at least a three-year period. Although no performance metrics will apply to Restricted Share Awards, the Remuneration Committee of the Board will have discretion to amend the vesting outcome should the amount vesting not reflect the Committee's assessment of overall business performance. The options awarded to Mr Saralis were made following consultation with the Company's major shareholders.

Following the grant of these options, Mr Saralis is now interested in a total of 549,325 share options in the Company.

The below notification made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

 
 1.   Details of PDMR / person closely associated with them ("PCA 
       ") 
 a)   Name                       Mr James Saralis 
     -------------------------  -------------------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Positio n / status         Chief Financial Officer (Director and PDMR) 
     -------------------------  -------------------------------------------- 
 b)   Initial notification       Initial notification 
       / amendment 
     -------------------------  -------------------------------------------- 
 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             Options over ordinary shares of 0.25 pence 
       the financial              each 
       instrument, t 
       ype of instrument 
     -------------------------  -------------------------------------------- 
 b)   Identification             GB00BM7S2W63 
       code 
     -------------------------  -------------------------------------------- 
 c)   Nature of the              Grant of options 
       transaction 
     -------------------------  -------------------------------------------- 
 d)   Price(s) and volume(s)      Price    Volume 
                                   Nil      428,243 
                                           -------- 
     -------------------------  -------------------------------------------- 
 e)   Aggregated information 
        *    Volume               As above 
 
 
        *    Price 
     -------------------------  -------------------------------------------- 
 f)   Date of the transaction    23 April 2021 
     -------------------------  -------------------------------------------- 
 g)   Place of the transaction   Outside of a trading venue 
     -------------------------  -------------------------------------------- 
 

For further information please contact:

 
NAHL Group plc                  via FTI Consulting 
 Tim Aspinall (Chair)            Tel: +44 (0) 20 
 James Saralis (CFO)             3727 1000 
Peel Hunt LLP (Nomad & Broker)  Tel: +44 (0) 20 
 Ed Allsopp                      7418 8890 
 Miles Cox 
 Rishi Shah 
FTI Consulting (Financial PR)   Tel: +44 (0) 20 
 Alex Beagley                    3727 1000 
 James Styles 
 Sam Macpherson 
 

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, National Accident Law and National Conveyancing Partners. 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 and www.bushco.co.uk .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHIIMRTMTTTMJB

(END) Dow Jones Newswires

April 26, 2021 02:00 ET (06:00 GMT)