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BEGBIES TRAYNOR GROUP PLC

Director's Dealing Apr 12, 2018

7513_dirs_2018-04-12_9502dad3-1166-4d7c-9881-28baaa1d4281.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 7781K

Begbies Traynor Group PLC

12 April 2018

12 April 2018

Begbies Traynor Group plc

Director/PDMR Shareholding

Paul Stanley, Regional Managing Partner at Begbies Traynor Group plc, has exercised share options ("the Options") over 100,000 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 44,510 Ordinary Shares. The Ordinary Shares are expected to be admitted to trading on AIM on 18 April 2018.

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

Paul Stanley

2.

Reason for the notification

a)

Position / status

Regional Managing Partner

b)

Initial notification / amendment

11 April 2018

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 36.69 pence over 100,000 Ordinary Shares

b)

Nature of the transaction

Exercise of options over 100,000 Ordinary Shares at an exercise price of 36.69 pence.  The Options have been exercised by net settlement, using the closing price on 11 April 2018 of 66.50 pence. This has resulted in the issue and allotment of 44,510 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)
66.12 pence 44,510

e)

Date of the transaction

11 April 2018

f)

Place of the transaction

London Stock Exchange, AIM

For further information:

Begbies Traynor Group plc 0161 837 1700
John Humphrey
Canaccord Genuity Limited

(Nomad & Joint Broker)
020 7523 8000
Sunil Duggal
Andrew Buchanan
Margarita Mitropoulou

This information is provided by RNS

The company news service from the London Stock Exchange

END

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