Begbies Traynor Group PLC Director/PDMR Shareholding (0538P)

TIDMBEG

RNS Number : 0538P

Begbies Traynor Group PLC

07 October 2019

7 October 2019

Begbies Traynor Group plc ("the Company")

Director/PDMR Shareholding

Mark Fry, an executive director of the Company and its Head of Business Recovery and Advisory, has been allotted 606,944 ordinary shares of 5 pence each in the Company at a price of 82.38 pence ("Option Shares"). The Option Shares have been allotted as part satisfaction of consideration due to Mark in respect of a put option exercised by him whereby the Company has acquired his interest in Begbies Traynor (London) LLP pursuant to the option agreement announced on 28 November 2016.

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                   Mark Fry 
     ---------------------  ------------------------------------------ 
 2.   Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position / status      Head of Business Recovery and Advisory 
                              (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            Ordinary shares of 5 pence each 
       of the financial 
       instrument 
     ---------------------  ------------------------------------------ 
 b)   Nature of the          Part satisfaction of consideration in 
       transaction            respect of the exercise of a put option. 
     ---------------------  ------------------------------------------ 
 c)   Price(s) and            Price(s)       Volume(s) 
       volume(s)               82.38 pence    606,944 
                                             ---------- 
     ---------------------  ------------------------------------------ 
 e)   Date of the            7 October 2019 
       transaction 
     ---------------------  ------------------------------------------ 
 f)   Place of the           London Stock Exchange, AIM 
       transaction 
     ---------------------  ------------------------------------------ 
 

For further information:

Begbies Traynor Group plc 0161 837 1700

John Humphrey

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October 07, 2019 12:39 ET (16:39 GMT)