Begbies Traynor Group PLC Director/PDMR Shareholding (7585R)
September 25 2017 - 11:09AM
UK Regulatory
TIDMBEG
RNS Number : 7585R
Begbies Traynor Group PLC
25 September 2017
25 September 2017
Begbies Traynor Group plc
Director/PDMR Shareholding
John Humphrey, Group Company Secretary 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 John Humphrey
--- --------------------- ----------------------------------------------
2. Reason for the notification
--- ---------------------------------------------------------------------
a) Position / status Group Company Secretary
--- --------------------- ----------------------------------------------
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 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 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) and Price(s) Volume(s)
volume(s) ------------- ----------
66.50 pence 22,414
------------- ----------
--- --------------------- ----------------------------------------------
e) Date of the 22 September 2017
transaction
--- --------------------- ----------------------------------------------
f) Place of the London Stock Exchange, AIM
transaction
--- --------------------- ----------------------------------------------
For further information:
Begbies Traynor Group plc 0161 837 1700
John Humphrey
Canaccord Genuity Limited 020 7523 8000
(Nomad & Joint Broker)
Bruce Garrow
This information is provided by RNS
The company news service from the London Stock Exchange
END
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