Begbies Traynor Group PLC Director/PDMR Shareholding (6325S)

TIDMBEG

RNS Number : 6325S

Begbies Traynor Group PLC

18 March 2021

18 March 2021

Begbies Traynor Group plc

(the "Company" or the "Group")

Exercise of Options, Directors Dealing and Total Voting Rights

Begbies Traynor Group plc, the business recovery, financial advisory and property services consultancy, announces that following the exercise of options by certain employees, including a Director, it has issued 200,758 fully paid up ordinary 5 pence shares in the Group ("Ordinary Shares").

Nick Taylor, Group Finance Director, exercised options over 23,700 Ordinary Shares by subscription at an option price of 63.12 pence.

Application has been made to the London Stock Exchange for the admission of the 200,758 new Ordinary Shares to trading on AIM. Admission of these new Ordinary Shares is expected to occur on 23 March 2021 following which the total number of shares in issue and total voting rights will be 150,838,644. 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.

The notifications set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

Enquiries please contact:

   Begbies Traynor Group plc                                                       0161 837 1700 

Ric Traynor - Executive Chairman

Nick Taylor - Group Finance Director

   Canaccord Genuity Limited                                                     020 7523 8000 

(Nominated Adviser and Joint Broker)

Emma Gabriel / Angelos Vlatakis

Shore Capital 020 7408 4090

(Joint Broker)

Mark Percy / Anita Ghanekar

   MHP Communications                                                              020 3128 8168 
   Reg Hoare / Katie Hunt / Florence Mayo                                    [e-mail] 

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

www.begbies-traynorgroup.com/investor-relations

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            Company approved share options granted at an option 
       of the financial       price of 63.12 pence over 23,700 Ordinary Shares 
       instrument 
     ---------------------  ---------------------------------------------------- 
 b)   Nature of the          The exercise of options over 23,700 Ordinary Shares 
       transactions           at an exercise price of 63.12 pence. The Options 
                              have been exercised by subscription and this has 
                              resulted in the issue and allotment of 23,700 
                              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    23,700 
                                             ---------- 
     ---------------------  ---------------------------------------------------- 
 e)   Date of the            17 March 2021 
       transaction 
     ---------------------  ---------------------------------------------------- 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  ---------------------------------------------------- 
 

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March 18, 2021 03:00 ET (07:00 GMT)