Begbies Traynor Group PLC Director/PDMR Shareholding (7575R)
September 25 2017 - 11:57AM
UK Regulatory
TIDMBEG
RNS Number : 7575R
Begbies Traynor Group PLC
25 September 2017
25 September 2017
Begbies Traynor Group plc
Director/PDMR Shareholding
Paul Stanley, Regional Managing Partner at Begbies Traynor Group
plc, has exercised share options ("the Options") over 50,000
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 22,414 Ordinary Shares. The
Ordinary Shares are expected to be admitted to trading on AIM on 29
September 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 Paul Stanley
--- --------------------- ----------------------------------------
2. Reason for the notification
--- ---------------------------------------------------------------
a) Position Regional Managing Partner
/ status
--- --------------------- ----------------------------------------
b) Initial notification 22 September 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 50,000
instrument Ordinary Shares
--- --------------------- ----------------------------------------
b) Nature of Exercise of options over 50,000
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 22
September 2017 of 66.50 pence.
This has resulted in the issue
and allotment of 22,414 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) ------------- ----------
66.50 pence 22,414
------------- ----------
--- --------------------- ----------------------------------------
e) Date of the 22 September 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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