Begbies Traynor Group PLC Director/PDMR Shareholding (4072F)

TIDMBEG

RNS Number : 4072F

Begbies Traynor Group PLC

12 July 2019

12 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   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            Options granted at an option price of 
       of the financial       51 pence over 25,000 Ordinary Shares 
       instrument 
     ---------------------  --------------------------------------------- 
 b)   Nature of the          Exercise of options over 25,000 Ordinary 
       transaction            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            Price(s)    Volume(s) 
       volume(s)               77 pence    8,442 
                                          ---------- 
     ---------------------  --------------------------------------------- 
 e)   Date of the            10 July 2019 
       transaction 
     ---------------------  --------------------------------------------- 
 f)   Place of the           London Stock Exchange, AIM 
       transaction 
     ---------------------  --------------------------------------------- 
 

For further information:

Begbies Traynor Group plc 0161 837 1700

John Humphrey

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 [e-mail] or visit www.rns.com.

END

DSHUURARKKABAAR

(END) Dow Jones Newswires

July 12, 2019 07:10 ET (11:10 GMT)