REG - Begbies Traynor - EBT Share Purchase

Begbies TraynorAnnouncement

08/01/2024 17:15

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RNS Number : 0033Z  Begbies Traynor Group PLC  08 January 2024

8 January 2024

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 on 5 January 2024 purchased 250,000 ordinary
shares of 5p each in the Company ("Ordinary Shares") at an average price of
117.38 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 745,000 Ordinary Shares are held by the
EBT, representing approximately 0.47 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
                                begbies@mhpgroup.com
(mailto:begbies@mhpgroup.com)

 

 

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

www.ir.begbies-traynorgroup.com

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