REG - Begbies Traynor - Director/PDMR Shareholding
RNS Number : 4072FBegbies Traynor Group PLC12 July 201912 July 2019
Begbies Traynor Group plc
Director/PDMR Shareholding
John Humphrey, Group Company Secretary at Begbies Traynor Group plc, has exercised share options ("the Options") over 25,000 ordinary 5 pence shares in the Group ("Ordinary Shares") at an exercise price of 51 pence. Using net settlement, this has resulted in the issue and allotment of 8,442 Ordinary Shares. The Ordinary Shares are expected to be admitted to trading on AIM on 18 July 2019.
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
John Humphrey
2.
Reason for the notification
a)
Position / status
Group Company Secretary (PDMR)
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
Options granted at an option price of 51 pence over 25,000 Ordinary Shares
b)
Nature of the transaction
Exercise of options over 25,000 Ordinary Shares at an exercise price of 51 pence. The Options have been exercised by net settlement, using the closing price on 10 July 2019 of 77 pence. This has resulted in the issue and allotment of 8,442 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)
77 pence
8,442
e)
Date of the transaction
10 July 2019
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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