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Begbies Traynor (BEG)

Begbies Traynor

Director/PDMR Shareholding
RNS Number : 4072F
Begbies Traynor Group PLC
12 July 2019
 

12 July 2019

 

Begbies Traynor Group plc

 

Director/PDMR Shareholding

 

John Humphrey, Group Company Secretary at Begbies Traynor Group plc, has exercised share options ("the Options") over 25,000 ordinary 5 pence shares in the Group ("Ordinary Shares") at an exercise price of 51 pence.  Using net settlement, this has resulted in the issue and allotment of 8,442 Ordinary Shares. The Ordinary Shares are expected to be admitted to trading on AIM on 18 July 2019.

 

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 (PDMR)

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

Options granted at an option price of 51 pence over 25,000 Ordinary Shares

b)

Nature of the transaction

Exercise of options over 25,000 Ordinary Shares at an exercise price of 51 pence.  The Options have been exercised by net settlement, using the closing price on 10 July 2019 of 77 pence. This has resulted in the issue and allotment of 8,442 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)

Price(s)

Volume(s)

77 pence

8,442

e)

Date of the transaction

10 July 2019

f)

Place of the transaction

London Stock Exchange, AIM

 

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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