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Additional Listing

18 Sep 2008 08:30

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

18 September 2008

Begbies Traynor Group plc

Additional Listing

Further to the announcement on 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 AIMincreasing the issued share capital of the Group by 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 Traynor - Executive Chairman, Begbies Traynor Group PLC

0161 837 1700

John Gittins - Finance Director, Begbies Traynor Group PLC

0161 837 1700

Guy Peters, Shore Capital & Corporate Ltd 

020 7408 4090

Katie Hunt / Reg Hoare/ Will Henderson, Smithfield

020 7360 4900

Information on Begbies Traynor Group PLC 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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