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

Begbies TraynorAnnouncement

08/03/2023 07:15

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RNS Number : 2174S  Begbies Traynor Group PLC  08 March 2023

8 March 2023

 

Begbies Traynor Group plc

 

("Group" or "Company")

 

 

Additional Allotment and New Issue director/PDMR shareholder

 

Begbies Traynor Group plc, announces that it has today applied to the AIM
market of the London Stock Exchange for an additional listing of 5,578 fully
paid up ordinary 5 pence shares in the Group ("Ordinary Shares") to satisfy
the exercise by Nick Taylor, Group Finance Director, of share options over
5,578 Ordinary Shares at an exercise price of 63.12p ("the Options").

 

Admission of these shares to trading on the AIM market of the London Stock
Exchange is expected to occur on 13 March 2023 following which the total
number of shares in issue and total voting rights will be 154,511,824. 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         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  Ordinary Shares and share options granted at an option price 63.12 pence over
                                              5,578 Ordinary Shares.
 b)  Nature of the transactions               The exercise of share options over 5,578 Ordinary Shares at an exercise price
                                              of 63.12 pence.  The Options have been exercised by subscription through the
                                              payment of the option exercise price and this has resulted in the issue and
                                              allotment of 5,578 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  5,578
 e)  Date of the transaction                  7 March 2023
 f)  Place of the transaction                 London Stock Exchange (AIM)

e)

Date of the transaction

7 March 2023

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)

 

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