RNS Number : 0538P
Begbies Traynor Group PLC
07 October 2019
 

7 October 2019

 

Begbies Traynor Group plc ("the Company")

 

Director/PDMR Shareholding

 

Mark Fry, an executive director of the Company and its Head of Business Recovery and Advisory, has been allotted 606,944 ordinary shares of 5 pence each in the Company at a price of 82.38 pence ("Option Shares").  The Option Shares have been allotted as part satisfaction of consideration due to Mark in respect of a put option exercised by him whereby the Company has acquired his interest in Begbies Traynor (London) LLP pursuant to the option agreement announced on 28 November 2016.

 

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

Mark Fry

2.

Reason for the notification

a)

Position / status

Head of Business Recovery and Advisory (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

Ordinary shares of 5 pence each

b)

Nature of the transaction

Part satisfaction of consideration in respect of the exercise of a put option.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

82.38 pence

606,944

 

e)

Date of the transaction

7 October 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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