Holding(s) in Company

RNS Number : 1861D

NAHL Group PLC

27 January 2015

 



27 January 2015

NAHL Group PLC

("NAHL" or the "Group")

Sale of ordinary shares in NAHL Group plc

NAHL, the leading UK consumer marketing business focused on the Personal Injury market, notes the joint announcement made yesterday by Inflexion Private Equity Partners LLP and Lloyds Development Capital (Holdings) Limited in relation to their sale of in aggregate 12,344,067 Ordinary Shares representing in aggregate 30% of the total number of voting rights in the Group.

Russell Atkinson, CEO of NAHL, commented:

"I would like to thank Inflexion and LDC for their significant support to the Company over the past number of years culminating in our listing on the AIM market. I would also like to welcome our new shareholders to the register while thanking our existing investors for their continued support as part of this transaction."

A copy of the joint announcement appears below:

Notification of sale of ordinary shares in NAHL Group plc

Inflexion Private Equity Partners LLP ("Inflexion") announces that Inflexion 2006 General Partner Limited and Inflexion Co-Investment Limited (together, the "Inflexion Funds"), sold 6,178,212 Ordinary Shares, representing 15.01 per cent. of the total number of voting rights in the Group, at a price of 225 pence per Ordinary Share (the "Inflexion Transaction") on 26 January 2015. As a result of this sale, funds managed by Inflexion no longer have any interest in NAHL Group plc.

Lloyds Development Capital (Holdings) Limited ("LDC") announces that Lloyds Development Capital (Holdings) Limited and OBS 2009 (together, the "LDC Funds"), sold 6,165,855 Ordinary Shares, representing 14.98 per cent. of the total number of voting rights in the Group, at a price of 225 pence per Ordinary Share (the "LDC Transaction") on 26 January 2015.

Investec acted in connection with both the Inflexion Transaction and the LDC Transaction.

Interest in Ordinary Shares following Transaction

Following completion of the Placing the interests of Inflexion and LDC in NAHL are as follows:

	Beneficial interest in Ordinary Shares after Placing
	No. of Shares	%
Inflexion Funds LDC Funds LDC via the LDC Opportunity Club 2009	None None 12,356	None None 0.03%

The Ordinary Shares referred to above are the ordinary shares of £0.0025 pence each in NAHL Group plc.

For further information please call:

NAHL Group PLC	via FTI Consulting
Russell Atkinson (CEO)	Tel: [phone]
Steve Dolton (CFO)

Execution Noble & Co Limited, trading as Espirito Santo Investment Bank (NOMAD & Joint Broker)	Tel: [phone]
John Llewellyn-Lloyd Harry Stockdale

Investec (Joint Broker)	Tel: [phone]
Garry Levin David Flin James Ireland

FTI Consulting (Financial PR)	Tel: [phone]
Oliver Winters
Alex Beagley James Styles

Notes to Editors

NAHL Group

NAHL is a leading UK consumer marketing business focused on the UK personal injury market, advertising through its core brand - National Accident Helpline. Having been established in 1993, the Group's business has grown to become the largest outsourced marketing services provider to the personal injury market - a market which is valued at approximately £3 billion in fees generated mainly by law firms. NAHL's core business model is based on enquiry origination through direct response marketing, connecting claimants who have been injured in non-fault accidents with specialist law firms.

More information is available at www.nahlgroupplc.co.uk and www.national-accident-helpline.co.uk

 

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