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LONDON - NAHL Group plc (AIM:NAH), a prominent UK marketing and services business in the consumer legal market, has announced the issuance of 275,000 new ordinary shares following the exercise of share options. The options, which were granted on April 27, 2022, had an exercise price matching the nominal value of the shares at £0.0025 each.
The new shares are expected to be admitted for trading on the AIM market of the London Stock Exchange (LON:LSEG) around 8.00 a.m. on May 21, 2025. These shares will be on equal footing (pari passu) with the existing ordinary shares in terms of voting rights and dividends.
Post-admission, the total issued share capital of NAHL Group will consist of 47,958,103 ordinary shares, each carrying one vote, with no ordinary shares held in treasury. This total is relevant for shareholders who need to assess their percentage of owned shares for disclosure requirements under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The exercise of these options and the subsequent increase in share capital is a routine part of NAHL Group’s equity management. It allows employees or other option holders to participate in the company’s growth and aligns their interests with those of the shareholders.
This announcement, based on a press release statement, indicates NAHL Group’s ongoing commitment to its structured equity strategy and provides shareholders with the updated information necessary for their regulatory compliance and market awareness.
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