NAHL Group PLC Pre Close Trading Update (4040U)
18 January 2017 - 6:00PM
UK Regulatory
TIDMNAH
RNS Number : 4040U
NAHL Group PLC
18 January 2017
18 January 2017
NAHL Group PLC
("NAHL" or the "Group")
Pre Close Trading Update
NAHL, the leading marketing and services business focused on the
UK consumer legal market, today provides a trading update for the
year ended 31 December 2016.
The Group confirms it has traded in line with Board
expectations.
Following publication by the Ministry of Justice of its
consultation regarding Personal Injury ("PI") claims on 17 November
2016, National Accident Helpline, the Group's PI division, as an
interested stakeholder, submitted its response to the consultation
in December 2016. A copy of that response is available on our
website (1) . The Board understands the MoJ's response to the
consultation is currently due to be published in April 2017.
Fitzalan and Bush, the Group's Conveyancing and Critical Care
divisions, are unaffected by this consultation and we expect both
to continue to make good progress in 2017.
The interim dividend of 6.35p per share was paid on 31 October
2016 and the Group intends to propose a final dividend, payable in
May 2017. The Board's dividend policy is to pay two thirds of the
Group's retained earnings each year, with one third of this at the
interim stage.
(1) The consultation response is available at the following
link:
http://www.nahlgroupplc.co.uk/announcements/national-accident-helpline-respond-to-the-governments-consultation-on-pi-reforms
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
David Flin
James Ireland
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
END
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