7 October 2019
Begbies Traynor Group plc ("the Company")
Director/PDMR Shareholding
Mark Fry, an executive director of the Company and its Head of Business Recovery and Advisory, has been allotted 606,944 ordinary shares of 5 pence each in the Company at a price of 82.38 pence ("Option Shares"). The Option Shares have been allotted as part satisfaction of consideration due to Mark in respect of a put option exercised by him whereby the Company has acquired his interest in Begbies Traynor (London) LLP pursuant to the option agreement announced on 28 November 2016.
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") |
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a) |
Name |
Mark Fry |
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2. |
Reason for the notification |
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a) |
Position / status |
Head of Business Recovery and Advisory (PDMR) |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Begbies Traynor Group plc |
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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 |
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a) |
Description of the financial instrument |
Ordinary shares of 5 pence each |
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b) |
Nature of the transaction |
Part satisfaction of consideration in respect of the exercise of a put option. |
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c) |
Price(s) and volume(s) |
|
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e) |
Date of the transaction |
7 October 2019 |
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f) |
Place of the transaction |
London Stock Exchange, AIM |
For further information:
Begbies Traynor Group plc 0161 837 1700
John Humphrey