NAHL Group PLC Response to speculation
05 4월 2024 - 8:19PM
RNS Regulatory News
RNS Number : 5354J
NAHL Group PLC
05 April 2024
Prior to publication, the
information contained within this announcement was deemed by the
Group to constitute inside information for the purposes of
Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations
2019/310. With the publication of this announcement, this
information is now considered to be in the public
domain.
5 April 2024
NAHL
Group PLC
("NAHL"
or the "Group")
Response to
speculation
The Board of NAHL (AIM: NAH), a
leading UK marketing and services business focused on the UK
consumer legal market, notes the recent
speculation regarding the potential sale of its Critical Care
business, Bush & Company Rehabilitation Limited ("Bush &
Co").
The Board is pleased with the
progress that Bush & Co has made in growing revenues and
profitability and continues to believe that there is an exciting
opportunity for that business in its market. However, the Board is
always considering strategic options that seek to accelerate growth
in value for shareholders and can confirm that it is currently
investigating the potential sale of Bush & Co.
Whilst an adviser has been appointed
in relation to a potential sale of Bush & Co, this matter is at
a very early stage and there can be no certainty that a sale of
Bush & Co will occur, nor as to the terms or timing of such
sale. No discussions have taken place with any potential purchaser
and no approach for the business has been received. Further
announcements will be made as appropriate.
For
further information:
NAHL Group PLC
James Saralis (CEO)
Chris Higham (CFO)
|
via
FTI Consulting
Tel: +44 (0) 20 3727 1000
|
Allenby Capital (AIM Nominated Adviser &
Broker)
Jeremy Porter/Liz Kirchner
(Corporate Finance)
Amrit Nahal/Stefano Aquilino (Sales
& Corporate Broking)
|
Tel: +44 (0) 20 3328 5656
|
FTI
Consulting (Financial PR)
Alex Beagley
Eleanor Purdon
Amy Goldup
|
Tel: +44 (0) 20 3727 1000
NAHL@fticonsulting.com
|
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END
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