TIDMBEG

RNS Number : 9251M

Begbies Traynor Group PLC

02 August 2017

02 August 2017

Begbies Traynor Group plc

Director/PDMR Shareholding

Nick Taylor, Group Finance Director at Begbies Traynor Group plc, has exercised share options ("the Options") over 375,000 ordinary 5 pence shares in the Group ("Ordinary Shares") at an exercise price of 36.69 pence. Using net settlement, this has resulted in the issue and allotment of 138,798 Ordinary Shares. The Ordinary Shares are expected to be admitted to trading on AIM on 8 August 2017.

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               Group Finance Director 
       / status 
---  ---------------------  ---------------------------------------- 
 b)   Initial notification   01 August 2017 
       / 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 
       of the financial       price of 36.69 pence over 375,000 
       instrument             Ordinary Shares 
---  ---------------------  ---------------------------------------- 
 b)   Nature of              Exercise of options over 375,000 
       the transaction        Ordinary Shares at an exercise 
                              price of 36.69 pence. The Options 
                              have been exercised by net settlement, 
                              using the closing price on 1 
                              August 2017 of 58.25 pence. 
                              This has resulted in the issue 
                              and allotment of 138,798 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)                Price(s)       Volume(s) 
       and volume(s)          -------------  ---------- 
                               58.25 pence    138,798 
                              -------------  ---------- 
---  ---------------------  ---------------------------------------- 
 e)   Date of the            1 August 2017 
       transaction 
---  ---------------------  ---------------------------------------- 
 f)   Place of               London Stock Exchange, AIM 
       the transaction 
---  ---------------------  ----------------------------------------

For further information:

 
 
 Begbies Traynor Group 
  plc                       0161 837 1700 
 John Humphrey 
 
 Canaccord Genuity 
  Limited 
  (Nomad & Joint Broker)    020 7523 8000 
 Bruce Garrow

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 02, 2017 09:18 ET (13:18 GMT)

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