8 March 2023
Begbies Traynor Group plc
("Group" or "Company")
Additional Allotment and New Issue director/PDMR shareholder
Begbies Traynor Group plc, announces that it has today applied to the AIM market of the London Stock Exchange for an additional listing of 5,578 fully paid up ordinary 5 pence shares in the Group ("Ordinary Shares") to satisfy the exercise by Nick Taylor, Group Finance Director, of share options over 5,578 Ordinary Shares at an exercise price of 63.12p ("the Options").
Admission of these shares to trading on the AIM market of the London Stock Exchange is expected to occur on 13 March 2023 following which the total number of shares in issue and total voting rights will be 154,511,824. 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.
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 / amendment | Initial Notification | ||||
| 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 of the financial instrument | Ordinary Shares and share options granted at an option price 63.12 pence over 5,578 Ordinary Shares. | ||||
| b) | Nature of the transactions | The exercise of share options over 5,578 Ordinary Shares at an exercise price of 63.12 pence. The Options have been exercised by subscription through the payment of the option exercise price and this has resulted in the issue and allotment of 5,578 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 volume(s) |
| ||||
| e) | Date of the transaction | 7 March 2023 | ||||
| f) | Place of the transaction | London Stock Exchange (AIM) | ||||
Enquiries please contact:
Begbies Traynor Group plc 0161 837 1700
John Humphrey - Group Company Secretary
Canaccord Genuity Limited 020 7523 8350
(Nominated Adviser and Joint Broker)
Emma Gabriel / Patrick Dolaghan
Shore Capital 020 7408 4090
(Joint Broker)
Malachy McEntyre / Mark Percy / Anita Ghanekar / James Thomas
MHP Communications 020 3128 8572
Reg Hoare / Katie Hunt / Pauline Guenot begbies@mhpc.com
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