Update on potential disposal of Bush & Co.
23 December 2024
NAHL Group plc
("NAHL", the "Company" or the "Group")
Update on potential disposal of Bush & Co.
Further to the announcement on 24 September 2024, the Board of NAHL (AIM: NAH) confirms that it has had discussions with a wide variety of potential buyers for Bush & Co., the Group's Critical Care business, and discussions with final bidders are progressing. The Board is seeking to conclude the process as soon as possible and will update shareholders as appropriate.
In line with any M&A process there can be no certainty that the disposal will occur nor as to its terms.
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 Amy Goldup | Tel: +44 (0) 20 3727 1000 |
Notes to Editors
NAHL Group plc (AIM: NAH) is a leader in the Consumer Legal Services market. The Group provides services and products to individuals and businesses in the through its two divisions:
· Consumer Legal Services provides outsourced marketing services to law firms through National Accident Helpline and claims processing services to individuals through National Accident Law, Law Together and Your Law. In addition, it also provides property searches through Searches UK.
· Critical Care provides a range of specialist services in the catastrophic and serious injury market to both claimants and defendants through Bush & Co.
More information is available at www.nahlgroupplc.co.uk, www.national-accident-helpline.co.uk, www.national-accident-law.co.uk and www.bushco.co.uk.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.