How are energy investors positioned?
LONDON - NAHL Group PLC (AIM:NAH), a UK-based marketing and services business specializing in the consumer legal market, has issued 165,000 new ordinary shares following the exercise of share options by a former employee. The shares, priced at £0.0025 each, match the nominal value of the ordinary shares and will be admitted for trading on the AIM market of the London Stock Exchange (LON:LSEG) around May 1, 2025.
The share options, which led to this issue of equity, were granted on April 27, 2022, and April 28, 2023. The new ordinary shares are expected to trade on par with the existing ordinary shares of NAHL Group.
Post the admission of these new shares, the total issued share capital of NAHL will consist of 47,683,103 ordinary shares, each carrying one vote. The company has confirmed that it does not hold any shares in treasury, establishing the total number of voting rights in the Group at 47,683,103.
This total voting rights figure serves as a reference for shareholders, providing the denominator for calculations required by the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. These rules dictate when shareholders must disclose changes in their shareholding within the company.
NAHL Group operates through two divisions, Consumer Legal Services and Critical Care. The former includes National Accident Helpline, National Accident Law, Law Together, Your Law, and Searches UK, offering marketing, claims processing, and property search services. The latter, Bush & Co, provides specialized services for catastrophic and serious injury cases to both claimants and defendants.
The issuance of these new shares is a routine process following the exercise of employee share options and is part of the company’s equity compensation strategy. The information about this issue of equity is based on a press release statement from NAHL Group PLC.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.