Source - LSE Regulatory
RNS Number : 2735Y
Begbies Traynor Group PLC
02 January 2024
 

2 January 2024

Begbies Traynor Group plc

 

EBT Share Purchase

 

 

Begbies Traynor Group plc (the "Company" or the "Group"), has been notified that JTC Employer Solutions Trustee Limited, the trustee of its Employee Benefits Trust (the "EBT"), has on 29 December 2023 purchased 195,000 ordinary shares of 5p each in the Company ("Ordinary Shares") at an average price of 115.72 pence per Ordinary Share.

 

These Ordinary Shares are to be held in the EBT and are intended to be used to satisfy the awards of share options granted to employees of the Company. The EBT is a discretionary trust for the benefit of the Company's employees, including the Directors of the Company. The purchase of Ordinary Shares by the EBT has been funded by a loan provided by the Company from its existing cash resources.

 

Following this transaction, a total of 495,000 Ordinary Shares are held by the EBT, representing approximately 0.31 per cent of the Company's total voting rights.

 

 

Enquiries please contact:

 

Begbies Traynor Group plc                                                            0161 837 1700

Ric Traynor - Executive Chairman

Nick Taylor - Group Finance Director

 

Canaccord Genuity Limited                                                            020 7523 8350

(Nominated Adviser and Joint Broker)

Emma Gabriel / Harry Pardoe

 

Shore Capital (Joint Broker)                                                             020 7408 4090

Malachy McEntyre / Mark Percy / Anita Ghanekar / James Thomas

           

MHP                                                                                                 020 3128 8100

Reg Hoare / Katie Hunt / Charles Hirst                                          begbies@mhpgroup.com 

 

 

Information on Begbies Traynor Group can be accessed via the group's website at
www.ir.begbies-traynorgroup.com

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