Director's Dealing • Apr 12, 2018
Director's Dealing
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National Storage Mechanism | Additional information
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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