RNS Number : 4190V
Begbies Traynor Group PLC
08 April 2019
 

8 April 2019

 

Begbies Traynor Group plc

 

Director/PDMR Shareholding

 

David Rowling, Director of Eddisons Commercial (Holdings) Limited, a company within Begbies Traynor Group plc ("Company"), has been allotted 277,525 ordinary shares of 5 pence each in the Company ("Ordinary Shares"). The Ordinary Shares are expected to be admitted to trading on AIM on 11 April 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

David Rowling

2.

Reason for the notification

a)

Position / status

Director

b)

Initial notification / amendment

8 April 2019

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

Issue and allotment of 277,525 Ordinary Shares

b)

Nature of the transaction

Satisfaction of earn out consideration pursuant to the acquisition agreement under which the Company acquired Eddisons Commercial (Holdings) Limited. This has resulted in the issue and allotment of 277,525 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)

63.13 pence

277,525

e)

Date of the transaction

8 April 2019

f)

Place of the transaction

London Stock Exchange, AIM

 

For further information:

Begbies Traynor Group plc                                                                      0161 837 1700

John Humphrey


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