REG - Begbies Traynor - Additional Allotment and New Issue with PDMR

Begbies TraynorAnnouncement

17/10/2022 18:00

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RNS Number : 1685D  Begbies Traynor Group PLC  17 October 2022

17 October 2022

 

 

Begbies Traynor Group plc

 

("Group" or "Company")

 

 

Additional Allotment and New Issue together with Director/PDMR Shareholding

 

Begbies Traynor Group plc, announces that it has today applied to the AIM
market of the London Stock Exchange for an additional listing of 68,250 fully
paid up ordinary 5 pence shares in the Group ("Ordinary Shares") to satisfy
the exercise by staff of certain share options.  Incorporated within the
additional listing are Ordinary Shares which have been allotted to Nick
Taylor, Group Finance Director, who has exercised share options over 18,250
Ordinary Shares by subscription at an option price of 63.12 pence.

 

Admission of these shares is expected to occur on 21 October 2022 following
which the total number of shares in issue and total voting rights will be
154,239,001. 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.

 

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         17October 2022
 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
                                              18,250 Ordinary Shares
 b)  Nature of the transactions               The exercise of options over 18,250 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 18,250 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  18,250
 e)  Date of the transaction                  17 October 2022
 f)  Place of the transaction                 London Stock Exchange, AIM

e)

Date of the transaction

17 October 2022

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

Enquiries please contact:

 

 

Begbies Traynor Group plc
                        0161 837 1700

John Humphrey - Group Company Secretary

 

Canaccord Genuity Limited
 
020 7523 8350

(Nominated Adviser and Joint Broker)

Emma Gabriel / Patrick Dolaghan

 

Shore Capital
                                                                                   020
7408 4090

(Joint Broker)

Malachy McEntyre / Mark Percy / Anita Ghanekar / James Thomas

 

MHP
Communications
            020 3128 8572

Reg Hoare / Katie Hunt / Pauline
Guenot                         begbies@mhpc.com
(mailto:begbies@mhpc.com)

 

 

Information on Begbies Traynor Group can be accessed via the Group's website
at

www.begbies-traynorgroup.com/investor-relations

 

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