TIDMBEG

RNS Number : 3431V

Begbies Traynor Group PLC

20 July 2018

20 July 2018

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 23,375 Ordinary Shares. The Ordinary Shares are expected to be admitted to trading on AIM on 26 July 2018.

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 / status      Regional Managing Partner 
     ---------------------  ---------------------------------------------- 
 b)   Initial notification   19 July 2018 
       / 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       36.69 pence over 50,000 Ordinary Shares 
       instrument 
     ---------------------  ---------------------------------------------- 
 b)   Nature of the          Exercise of options over 50,000 Ordinary 
       transaction            Shares at an exercise price of 36.69 
                              pence. The Options have been exercised 
                              by net settlement, using the closing 
                              price on 19 July 2018 of 68.90 pence. 
                              This has resulted in the issue and allotment 
                              of 23,375 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)               68.9 pence    23,375 
                                            ---------- 
     ---------------------  ---------------------------------------------- 
 e)   Date of the            20 July 2018 
       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 rns@lseg.com or visit www.rns.com.

END

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July 20, 2018 09:49 ET (13:49 GMT)

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