Director/PDMR Shareholding and Issue of Equity

RNS Number : 5161A

Begbies Traynor Group PLC

24 March 2017

 

24 March 2017

Begbies Traynor Group plc

Director/PDMR Shareholding and Issue of Equity

The Company has been advised that Ken Pattullo, Regional Managing Partner at Begbies Traynor Group plc, has exercised share options granted to him at an option price of 36.69 pence over 150,000 ordinary 5 pence shares in the Group ("Ordinary Shares"). The Group has elected to satisfy the option through the issue and allotment of 40,478 fully paid up Ordinary Shares for which it has applied to the AIM market of the London Stock Exchange for listing and which upon admission will rank pari passu with the Group's other Ordinary Shares.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Ken Pattullo
2.	Reason for the notification
a)	Position / status	Regional Managing Partner
b)	Initial notification / amendment	24 March 2017
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Begbies Traynor Group plc
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument	Ordinary 5 pence shares in the Group
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) 50.25 pence 40,478
e)	Date of the transaction	22 March 2017
f)	Place of the transaction	London Stock Exchange, AIM

For further information:

Begbies Traynor Group plc                                                                      0161 837 1700

John Humphrey

 

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