Director/PDMR Shareholding | Company Announcement | Investegate
NAHL (AIM: NAH), a premier UK marketing and services enterprise specializing in the consumer legal sector, has recently disclosed share transactions undertaken by directors of the company, reflecting their continued commitment and belief in NAHL’s ongoing mission and vision.
Significant to these transactions, James Saralis, Group Chief Executive, engaged in share dealings to facilitate the transfer of shares into his SIPP (Self-Invested Personal Pension). Saralis sold 47,598 ordinary shares at a rate of 68.25p per share and bought back the same number of shares at the identical price to be placed into his SIPP. Additionally, Saralis demonstrated a familial gesture by gifting 127,500 Ordinary Shares to his wife. Out of this generous gift, she sold 31,260 Ordinary Shares at 64p each and repurchased them into her ISA (Individual Savings Account) at the same cost. Such transactions signal the practical maneuvers by the Saralis family to manage their investments while maintaining James Saralis’ beneficial shareholding in NAHL at 255,150 Ordinary Shares, which forms 0.54% of the company’s total issued share capital.
Similarly, NAHL’s Group Chief Financial Officer, Chris Higham, executed transactions to optimize his shareholding within an ISA. Higham sold 62,501 Ordinary Shares at the price of 66.00p and bought them back at a slightly adjusted figure of 66.04p per share for his ISA. These transactions result in Chris Higham’s beneficial interest in NAHL persisting at 248,434 Ordinary Shares, marking 0.52% of the Company’s issued share capital.
These financial maneuvers by NAHL’s top executives are communicated in alignment with the UK Market Abuse Regulation, ensuring transparency and trust among stakeholders in the market. NAHL Group plc, known for its pivotal role in the Consumer Legal Services (CLS) market, continues to provide exceptional services and products. The company operates through its diversified divisions, focusing on outsourced marketing services for law firms and claims processing services for individuals through its acclaimed subsidiaries. Furthermore, NAHL’s commitment extends into the critical care sector, offering an array of specialist services for both catastrophic and serious injuries, reaffirming its stature as a leader in consumer legal services.
This disclosure showcases not just the financial activities within NAHL but also mirrors the faith and confidence the leadership places in the company’s future, further solidifying NAHL’s position within the consumer legal services market.
