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Additional Listing

18 Sep 2008 08:30

RNS Number : 7232D
Begbies Traynor Group PLC
18 September 2008
ย 

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

This information is provided by RNS
The company news service from the London Stock Exchange
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