18 Sep 2008 08:30
18 September 2008
Begbies Traynor Group plc
Additional Listing
Further to the announcement onĀ 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,Ā increasingĀ the issued share capital of the GroupĀ byĀ 9.7% to 89,115,284 Ordinary Shares of 5 pence each.
The placing of these new Ordinary Shares raised £13.0 million, before expenses, the net proceeds of which will be used to provide working capital for the Group, largely in relation to the significant anticipated organic growth of the Group's core and counter-cyclical business insolvency practice resulting from the slowdown in the economy.
For further information, please contact:
|
Ric TraynorĀ - Executive Chairman,Ā Begbies Traynor Group PLC |
0161 837 1700 |
|
John GittinsĀ - Finance Director,Ā Begbies Traynor Group PLC |
0161 837 1700 |
|
Guy Peters,Ā Shore Capital & Corporate LtdĀ |
020 7408 4090 |
|
Katie HuntĀ /Ā Reg Hoare/Ā Will Henderson,Ā Smithfield |
020 7360 4900 |
Information onĀ Begbies Traynor Group PLCĀ can be accessed via the Group's website at www.begbies-traynorgroup.com
Follow the stocks