Begbies Traynor Group PLC Additional Allotment and New Issue including PDMR (2174S)

TIDMBEG

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 f ollowing 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   Initial Notification 
       / amendment 
     ---------------------  --------------------------------------------- 
 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            Ordinary Shares and share options granted 
       of the financial       at an option price 63.12 pence over 5,578 
       instrument             Ordinary Shares. 
     ---------------------  --------------------------------------------- 
 b)   Nature of the          The exercise of share options over 5,578 
       transactions           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            Price(s)       Volume(s) 
       volume(s)               63.12 pence    5,578 
                                             ---------- 
     ---------------------  --------------------------------------------- 
 e)   Date of the            7 March 2023 
       transaction 
     ---------------------  --------------------------------------------- 
 f)   Place of the           London Stock Exchange (AIM) 
       transaction 
     ---------------------  --------------------------------------------- 
 

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                         [e-mail] 

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March 08, 2023 02:00 ET (07:00 GMT)