NAHL Group PLC Grant of options under SAYE Scheme (6224R)
30 October 2023 - 6:00PM
UK Regulatory
TIDMNAH
RNS Number : 6224R
NAHL Group PLC
30 October 2023
30 October 2023
NAHL Group PLC
("NAHL", the "Company" or the "Group")
Grant of options under SAYE Scheme
NAHL (AIM: NAH), a leading marketing and services business
focused on the UK consumer legal market, announces that on 27
October 2023, it granted 463,736 options over new ordinary shares
of 0.25 pence each ("Ordinary Shares") to certain employees and
directors of the Group under the NAHL Save As You Earn scheme
("SAYE Scheme").
Participation in the SAYE Scheme has been made available to all
employees of the Company who satisfy certain eligibility criteria,
giving them the opportunity to participate in the future growth of
the Company via options granted under the NAHL Group Share Option
Plan. The following directors and persons discharging managerial
responsibility ("PDMRs") of the Company have elected to participate
in the SAYE Scheme and their options are included in the total
figures above.
Name Title Number of options Exercise price
granted
James Saralis Chief Executive 41,222 GBP0.45
Officer
---------------- ------------------ ---------------
Christopher Higham Chief Financial 41,222 GBP0.45
Officer
---------------- ------------------ ---------------
The options vest after three years, subject to continued
employment with the Group, and are exercisable at a price of
GBP0.45 per share, representing a discount of 20 per cent to the
closing mid-market price of the Ordinary Shares on 6 October 2023,
calculated in accordance with the rules of the SAYE Scheme.
Following the grant of these options, James Saralis is now
interested in a total of 845,970 share options in the Company and
Chris Higham is now interested in a total of 507,221 share options
in the Company.
Following this grant there are a total of 3,719,543 share
options granted over unissued Ordinary Shares granted to directors
and employees, representing 7.9% of the Company's current ordinary
share capital of 46,894,697 Ordinary Shares.
For further information:
NAHL Group PLC via FTI Consulting
James Saralis (CEO) Tel: +44 (0) 20
Chris Higham (CFO) 3727 1000
Allenby Capital (AIM Nominated Adviser Tel: +44 (0 ) 207
& Broker) 220 0500
Jeremy Porter/Liz Kirchner/Vivek Bhardwaj
(Corporate Finance)
Amrit Nahal/Stefano Aquilino (Sales & Corporate
Broking)
FTI Consulting (Financial PR) Tel: +44 (0) 20
Alex Beagley 3727 1000
Sam Macpherson
Amy Goldup
Notes to Editors
NAHL Group plc (AIM: NAH) is a leader in the Consumer Legal
Services market. The Group provides services and products to
individuals and businesses through its two divisions:
-- Consumer Legal Services provides outsourced marketing
services to law firms through National Accident Helpline; and
claims processing services to individuals through National Accident
Law, Law Together and Your Law. 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 ,
www.national-accident-law.co.uk and www.bushco.co.uk .
The below notifications made in accordance with the requirements
of the UK Market Abuse Regulation provide further detail:
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mr James Saralis
------------------------- --------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Positio n / 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 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
GBP0.45 41,222
-------
------------------------- --------------------------------------------
e) Aggregated information
* Volume As above
* Price
------------------------- --------------------------------------------
f) Date of the transaction 27 October 2023
------------------------- --------------------------------------------
g) Place of the transaction Outside of a trading venue
------------------------- --------------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mr Christopher Higham
------------------------- --------------------------------------------
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
GBP0.45 41,222
-------
------------------------- --------------------------------------------
e) Aggregated information
* Volume As above
* Price
------------------------- --------------------------------------------
f) Date of the transaction 27 October 2023
------------------------- --------------------------------------------
g) Place of the transaction Outside of a trading venue
------------------------- --------------------------------------------
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END
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