NAHL Group PLC Grant of Awards under Group Share Option Plan (2643P)

TIDMNAH

RNS Number : 2643P

NAHL Group PLC

25 May 2018

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014

25 May 2018

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 24(th) May 2018 the following Directors were awarded options ("Options") over ordinary shares of 0.25 pence each ("Ordinary Shares") under the NAHL Group Share Option Plan:

 
 Name                   Title              Number of Options   Exercise 
                                                     granted      price 
                        Chief Executive 
 Mr Russell Atkinson     Officer                     152,498      0.25p 
                        Chief Financial 
 Mr James Saralis        Officer                      91,463      0.25p 
                       -----------------  ------------------  --------- 
 

Vesting of the new Options is conditional upon delivery of EPS and Total Shareholder Return measures set out below:

 
 Performance Measure       Performance   Proportion of 
                             benchmark     total award 
                                               vesting 
 EPS (for the year to 
  31 December 2020)      17.1p - 19.6p       25% - 50% 
                        --------------  -------------- 
 TSR                       201p - 234p     12.5% - 50% 
                        --------------  -------------- 
 

TSR for the above purposes is defined as being the average shareprice for the month to 24(th) May 2021 plus total dividends declared between the date of grant and the same date or such other date as the Remuneration Committee determines.

Notification and public disclosure of transactions by PDMRs and persons closely associated with them

 
 1.   Details of PDMR / person closely associated with them 
       ("PCA") 
 a)   Name                       Mr Russell Atkinson 
     -------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position / status          Chief Executive 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 
       the financial              pence each 
       instrument, type 
       of instrument 
     -------------------------  ---------------------------------------- 
 b)   Identification             GB00BM7S2W63 
       code 
     -------------------------  ---------------------------------------- 
 c)   Nature of the              Grant of options over Ordinary Shares 
       transaction                under the NAHL Group Share Option Plan 
     -------------------------  ---------------------------------------- 
 d)   Price(s) and               N/A 
       volume(s) 
     -------------------------  ---------------------------------------- 
 e)   Aggregated information 
        *    Volume               152,498 options over ordinary shares 
                                  of 0.25 pence each granted 
 
        *    Price 
     -------------------------  ---------------------------------------- 
 f)   Date of the transaction    24(th) May 2018 
     -------------------------  ---------------------------------------- 
 g)   Place of the transaction   Outside a trading venue 
     -------------------------  ---------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated with them 
       ("PCA") 
 a)   Name                       Mr James Saralis 
     -------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position / 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 
       the financial              pence each 
       instrument, type 
       of instrument 
     -------------------------  ---------------------------------------- 
 b)   Identification             GB00BM7S2W63 
       code 
     -------------------------  ---------------------------------------- 
 c)   Nature of the              Grant of options over Ordinary Shares 
       transaction                under the NAHL Group Share Option Plan 
     -------------------------  ---------------------------------------- 
 d)   Price(s) and               N/A 
       volume(s) 
     -------------------------  ---------------------------------------- 
 e)   Aggregated information 
        *    Volume               91,463 options over ordinary shares 
                                  of 0.25 pence each granted 
 
        *    Price 
     -------------------------  ---------------------------------------- 
 f)   Date of the transaction    24(th) May 2018 
     -------------------------  ---------------------------------------- 
 g)   Place of the transaction   Outside a trading venue 
     -------------------------  ---------------------------------------- 
 

For further information please call:

 
NAHL Group plc                             via FTI Consulting 
 Russell Atkinson (CEO)                     Tel: [phone] 
 James Saralis (CFO)                        1000 
finnCap Ltd (NOMAD & Broker)               Tel: [phone] 
 Julian Blunt / James Thompson (Corporate   0500 
 Finance) 
 Andrew Burdis (Corporate Broking) 
FTI Consulting (Financial PR)              Tel: [phone] 
 Alex Beagley                               1000 
 James Styles 
 Laura Saraby 
 

Notes to Editors

NAHL Group plc is a leading UK marketing and services business focused on the UK consumer legal market. The Group comprises three divisions: Personal Injury (National Accident Helpline - NAH), Conveyancing (Fitzalan Partners - Fitzalan) and Critical Care (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 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.

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May 25, 2018 02:01 ET (06:01 GMT)