NAHL Group (NAH): Lombard Odier Asset Management (Europe) Limited selling down

This situation live

NAH NAHL Group

£21m · 46.0p · −35% since the first step

19 Oct 2023 · 19% · +27% until the next step Lombard Odier Asset Management (Europe) Limited: 19% (from 18.84%)

22 May 2024 · 18.799% · −49% until the next step Lombard Odier Asset Management (Europe) Limited: 18.799% (from 19%)

4 Feb 2026 · 17.77% · −4% until the next step Lombard Odier Asset Management (Europe) Limited: 17.77% (from 18.8%)

6 Mar 2026 · 15.93% · +11% until the next step Lombard Odier Asset Management (Europe) Limited: 15.93% (from 16.14%)

6 Mar 2026 · 16.14% · +11% until the next step Lombard Odier Asset Management (Europe) Limited: 16.14% (from 17.77%)

26 May 2026 · 14.94% · −8% until the next step Lombard Odier Asset Management (Europe) Limited: 14.94% (from 15.93%)

1 Jun 2026 · 13.73% · +0% until the next step Lombard Odier Asset Management (Europe) Limited: 13.73% (from 14.94%)

28 Aug 2026 · 12.9% · +4% until the next step Lombard Odier Asset Management (Europe) Limited: 12.9% (from 13.73%)

24 Sep 2026 · 11.94% · +4% until the next step Lombard Odier Asset Management (Europe) Limited: 11.94% (from 12.9%)

30 Sep 2026 · 19% → 9.29% in 9 notices · +19% since Lombard Odier Asset Management (Europe) Limited: 9.29% (from 11.94%)

Overhang

Lombard Odier Asset Management (Europe) Limited selling down

19% → 9.29% in 9 notices

HolderLombard Odier Asset Management (Europe) Limited

Stake19% → 9.29%

Sold9.71 points in 9 notices over 861 days

As of 30 Sep 2026 ↗

Since Oct 2023: 170 situations of this kind – holder sold out 61%, selling stopped 39%; median share price -11% six months after they opened

Next: 9.29% still held

Every step · 10

19 Oct 2023 19% – Lombard Odier Asset Management (Europe) Limited: 19% (from 18.84%) ↗
22 May 2024 18.799% – Lombard Odier Asset Management (Europe) Limited: 18.799% (from 19%) ↗
4 Feb 2026 17.77% – Lombard Odier Asset Management (Europe) Limited: 17.77% (from 18.8%) ↗
6 Mar 2026 15.93% – Lombard Odier Asset Management (Europe) Limited: 15.93% (from 16.14%) ↗
6 Mar 2026 16.14% – Lombard Odier Asset Management (Europe) Limited: 16.14% (from 17.77%) ↗
26 May 2026 14.94% – Lombard Odier Asset Management (Europe) Limited: 14.94% (from 15.93%) ↗
1 Jun 2026 13.73% – Lombard Odier Asset Management (Europe) Limited: 13.73% (from 14.94%) ↗
28 Aug 2026 12.9% – Lombard Odier Asset Management (Europe) Limited: 12.9% (from 13.73%) ↗
24 Sep 2026 11.94% – Lombard Odier Asset Management (Europe) Limited: 11.94% (from 12.9%) ↗
30 Sep 2026 19% → 9.29% in 9 notices – Lombard Odier Asset Management (Europe) Limited: 9.29% (from 11.94%) ↗

What is happening

NAHL Group: Lombard Odier Asset Management (Europe) Limited selling down – 19% → 9.29% in 9 notices. ['19% → 9.29% in 9 notices']

What comes next

9.29% still held.

Briefing

NAHL Group in 4 minutes

NAHL is a UK consumer legal group. It markets injury claims to law firms through National Accident Helpline, runs its own law firm, National Accident Law, and owns Bush & Co, which supports people with catastrophic...

Act 1Betting on its own law firm
Act 2Google costs hit, 2024 write-down
Act 3Repair in 2025

Read the briefing →

From the company's own announcements. Not investment advice.

Also at NAHL Group 3 open

Sale process / strategic reviewStrategic options for shareholder value – First disposal completed; review continues Upgrade / downgrade cycleLower FY26 Consumer Legal Services outlook – FY26 profit and cash now above market expectations Turnaround plan with targetsBush & Co growth plan – Case management model being adapted Disposal of a part (break-up)Searches UK disposal – Completed 8 October 2026 · closed NAHL Group – company page →