Director/PDMR Shareholding

RNS Number : 6325S

Begbies Traynor Group PLC

18 March 2021

 

18 March 2021

Begbies Traynor Group plc

(the "Company" or the "Group")

Exercise of Options, Directors Dealing and Total Voting Rights

Begbies Traynor Group plc, the business recovery, financial advisory and property services consultancy, announces that following the exercise of options by certain employees, including a Director, it has issued 200,758 fully paid up ordinary 5 pence shares in the Group ("Ordinary Shares").

Nick Taylor, Group Finance Director, exercised options over 23,700 Ordinary Shares by subscription at an option price of 63.12 pence.

Application has been made to the London Stock Exchange for the admission of the 200,758 new Ordinary Shares to trading on AIM. Admission of these new Ordinary Shares is expected to occur on 23 March 2021 following which the total number of shares in issue and total voting rights will be 150,838,644. The Group does not hold any shares in treasury and, therefore, the above figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in the Company.  

The notifications set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

Enquiries please contact:

Begbies Traynor Group plc   0161 837 1700

Ric Traynor - Executive Chairman

Nick Taylor - Group Finance Director

Canaccord Genuity Limited     020 7523 8000

(Nominated Adviser and Joint Broker)

Emma Gabriel / Angelos Vlatakis

Shore Capital                                                                            020 7408 4090

(Joint Broker)

Mark Percy / Anita Ghanekar

MHP Communications                                                              020 3128 8168

Reg Hoare / Katie Hunt / Florence Mayo        [e-mail]  

Information on Begbies Traynor Group can be accessed via the Group's website at
www.begbies-traynorgroup.com/investor-relations

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	Nick Taylor
2.	Reason for the notification
a)	Position / status	Group Finance Director
b)	Initial notification / amendment	Initial notification
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	Company approved share options granted at an option price of 63.12 pence over 23,700 Ordinary Shares
b)	Nature of the transactions	The exercise of options over 23,700 Ordinary Shares at an exercise price of 63.12 pence.  The Options have been exercised by subscription and this has resulted in the issue and allotment of 23,700 fully paid Ordinary Shares for which the Company has applied to AIM for listing and which upon admission will rank pari passu with the Company's other Ordinary Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) 63.12 pence 23,700
e)	Date of the transaction	17 March 2021
f)	Place of the transaction	Outside a trading venue

 

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