Business
Director/PDMR Shareholding and Issue of Equity
Director/PDMR Shareholding and Issue of Equity.
About this update from Nahl Group Plc
[{"type":"text","content":"\n \nRNS Number : 3737U NAHL Group PLC 24 October 2017 \n\n24 October 2017\n \nNAHL Group PLC\n(\"NAHL\" or the \"Group\")\n \nDirector/PDMR Shareholding and Issue of Equity\n \nNAHL (AIM: NAH), the leading UK marketing and services business focused on the UK consumer legal market, was informed on 23 October 2017 by Russell Atkinson, Chief Executive Officer that he exercised share options over 312,501 ordinary shares of £0.0025 each in the Group (\"Ordinary Shares\") at an exercise price of £0.0025. \n \nAs a result of the option exercise, the Group today announces the issue and allotment of 312,501 new ordinary shares of £0.0025 each in the Group (\"New Ordinary Shares\"). \n \nApplication has been made for the 312,501 New Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 27 October 2017 (\"Admission\"). The New Ordinary Shares will rank pari passu with the existing ordinary shares of the Group.\n \nFollowing the exercise of options and Admission, the issued share capital of the Group will consist of 46,061,090 Ordinary Shares, none of which are in treasury. Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the issued share capital of the Group under the FCA's Disclosure and Transparency Rules.\n \nSubsequent to the exercise of options, the Group was notified that Russell Atkinson sold 147,950 Ordinary Shares on 23 October 2017 at a price of 153.0 pence per Ordinary Share in order to satisfy tax liabilities resulting from the exercise of the above mentioned options. Following the exercise and sale, Russell Atkinson has a beneficial interest in 515,331 Ordinary Shares or 1.119% of the issued share capital. \n \nThe Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.\n \nNotification of Dealing Forms\n \n\n\n\n\n1.\n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\n(a)\n\n\nName\n\n\nRussell Atkinson \n\n\n\n\n2.\n\n\nReason for the notification\n\n\n\n\n(a)\n\n\nPosition/status\n\n\nChief Executive Officer \n\n\n\n\n(b)\n\n\nInitial notification/ Amendme...