REG - Begbies Traynor Grp - Director/PDMR Shareholding

Begbies TraynorAnnouncement

Today 17:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250716:nRSP3748Ra&default-theme=true

RNS Number : 3748R  Begbies Traynor Group PLC  16 July 2025

16 July 2025

 

Begbies Traynor Group plc

 

("Group" or "Company")

 

Notification of transactions by Persons Discharging Managerial
Responsibilities ("PDMRs") and transfer from treasury

 

The Company announces that it has been notified that two of its PDMRs have
exercised certain share options over 5 pence ordinary shares in the Company
("Ordinary Shares") and have sold certain Ordinary Shares to fund the
resultant personal tax liabilities arising.

 

Nick Taylor, Group Finance Director, has exercised share options over 142,472
Ordinary Shares at an exercise price of 63.12p.  Settling these share options
net of the relevant option price has resulted in the transfer to him of 69,949
Ordinary Shares out of treasury. In addition to exercising these share options
Nick Taylor has also sold 35,000 Ordinary Shares from his existing beneficial
holding in the Group to fund tax liabilities arising from the exercise of
these share options on 15 July at 125.50p.

 

Mark Fry, Head of Restructuring and Advisory, has also exercised share options
over an aggregate of 250,000 Ordinary Shares at an exercise price of 5p.
Settling these share options net of the relevant option price has resulted in
the transfer to him of 239,919 Ordinary Shares, 196,415 of these Ordinary
Shares being transferred from the Group's Employee Benefit Trust ("EBT") in
respect of the share options exercised on 15 July and the balance of 43,504
Ordinary Shares being transferred out of treasury in respect of the share
options exercised on 16 July. In addition to exercising these options Mark Fry
has also sold an aggregate of 112,000 Ordinary Shares from his existing
beneficial holding in the Group to fund tax liabilities arising from the
exercise of these share options with 90,000 being sold on 15 July at 124.44p
and 22,000 being sold on 16 July at 123.00p.

 

As a result of the above transactions, Mr Taylor and Mr Fry hold beneficial
interests in 415,770 and 1,135,139 Ordinary Shares respectively, representing
approximately 0.26% per cent and 0.71% per cent. of the Company's issued share
capital.

 

Following the above transfer of the 196,415 Ordinary Shares held in the EBT
in, the balance of Ordinary Shares held in the EBT has been reduced to nil.
Following the transfer of 113,453 Ordinary Shares out of treasury, the Company
holds 197,929 Ordinary Shares in treasury. Consequently, the total number of
Ordinary Shares in issue and total voting rights is 159,532,637 (excluding
treasury shares).

 

This figure of 159,532,637 Ordinary Shares 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 under the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 

 1.  Details of PDMR
 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
 b)  LEI                                      21380075TB4ROF7KWK30
 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
                                              142,472 Ordinary Shares.
 b)  Nature of the transactions               Sale of 35,000 Ordinary Shares and the exercise of share options over 142,472
                                              Ordinary Shares at an exercise price of 63.12 pence.  The Options have been
                                              exercised net of the relevant option prices, in each case using the closing
                                              share price on 15 July 2025 of 124 pence. This has resulted in the transfer to
                                              him of 69,949 fully paid Ordinary Shares for treasury.
 c)  Price(s) and volume(s)                   Price(s)      Volume(s)
                                              63.12 pence   142,472
                                              125.50 pence  35,000
 e)  Date of the transaction                  15 July 2025
 f)  Place of the transaction                 London Stock Exchange (AIM)

e)

Date of the transaction

15 July 2025

f)

Place of the transaction

London Stock Exchange (AIM)

 

 1.  Details of PDMR
 a)  Name                                     Mark Fry
 2.  Reason for the notification
 a)  Position / status                        Head of Restructuring and Advisory
 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
 b)  LEI                                      21380075TB4ROF7KWK30
 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 5 pence over
                                              250,000 Ordinary Shares.
 b)  Nature of the transactions               Sale of 112,000 Ordinary Shares and the exercise of share options over 250,000
                                              Ordinary Shares at an exercise price of 5 pence.  The Options have been
                                              exercised net of the relevant option price, in each case using the share price
                                              on 15 and 16 July 2025 of 124 pence. This has resulted in the transfer of
                                              239,919 fully paid Ordinary Shares out of its EBT and treasury.
 c)  Price(s) and volume(s)                   Price(s)      Volume(s)
                                              5pence       250,000
                                              124.44 pence  90,000
                                              123.00 pence  22,000
 e)  Date of the transaction                  15 and 16 July 2025
 f)  Place of the transaction                 London Stock Exchange (AIM)

e)

Date of the transaction

15 and 16 July 2025

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)

Adam James / Harry Pardoe

 

Shore Capital
                                                                                   020
7408 4090

(Joint Broker)

Malachy McEntyre / Mark Percy / Anita Ghanekar / James Thomas

 

MHP
Communications
            020 3128 8572

Reg Hoare / Katie Hunt / Charles Hirst
 
begbies@mhpc.com (mailto:begbies@mhpc.com)

 

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

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHQQLFFEDLLBBQ