EBT Share Purchase

Begbies Traynor Group PLC

22 December 2023

 

22 December 2023

Begbies Traynor Group plc

EBT Share Purchase

Begbies Traynor Group plc (the "Company" or the "Group"), has been notified that JTC Employer Solutions Trustee Limited, the trustee of its Employee Benefits Trust (the "EBT"), has today purchased 250,000 ordinary shares of 5p each in the Company ("Ordinary Shares") at an average price of 114 pence per Ordinary Share.

These Ordinary Shares are to be held in the EBT and are intended to be used to satisfy the awards of share options granted to employees of the Company. The EBT is a discretionary trust for the benefit of the Company's employees, including the Directors of the Company. The purchase of Ordinary Shares by the EBT has been funded by a loan provided by the Company from its existing cash resources.

Following this transaction, a total of 300,000 Ordinary Shares are held by the EBT, representing approximately 0.19 per cent of the Company's total voting rights.

Enquiries please contact:

Begbies Traynor Group plc                                                            0161 837 1700

Ric Traynor - Executive Chairman

Nick Taylor - Group Finance Director

Canaccord Genuity Limited                                                            020 7523 8350

(Nominated Adviser and Joint Broker)

Emma Gabriel / Harry Pardoe

Shore Capital (Joint Broker)                                                             020 7408 4090

Malachy McEntyre / Mark Percy / Anita Ghanekar / James Thomas

MHP                                                                                                 020 3128 8100

Reg Hoare / Katie Hunt / Charles Hirst                                          [e-mail] 

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

 

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