18 Sep 2008 08:30
18 September 2008
Begbies Traynor Group plc
Additional Listing
Further to the announcement onย 12 September 2008, Begbies Traynor Group plc ("the Group") confirms that 7,878,788 new Ordinary Shares of 5p each have today been admitted to trading on AIM,ย increasingย the issued share capital of the Groupย byย 9.7% to 89,115,284 Ordinary Shares of 5 pence each.
The placing of these new Ordinary Shares raised ยฃ13.0 million, before expenses, the netย proceedsย of whichย will be used to provide working capital for the Group, largely in relation to the significant anticipated organic growth ofย the Group'sย core and counter-cyclical business insolvency practice resulting from the slowdown in the economy.
For further information, please contact:
|
Ric Traynorย - Executive Chairman,ย Begbies Traynor Group PLC |
0161 837 1700 |
|
John Gittinsย - Finance Director,ย Begbies Traynor Group PLC |
0161 837 1700 |
|
Guy Peters,ย Shore Capital & Corporate Ltdย |
020 7408 4090 |
|
Katie Huntย /ย Reg Hoare/ย Will Henderson,ย Smithfield |
020 7360 4900 |
Information onย Begbies Traynor Group PLCย can be accessed via the Group's website at www.begbies-traynorgroup.com
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