Last checked at 10 Jul 2008 15:11
10 July 2008
Begbies Traynor Group plc ("the Group")
Director/PDMR Shareholding
The Group announces that on 10 July 2008 the Board has made a grant of share options under the Group's Share Option Scheme to two existing executive directors, John Gittins and Geoff Hill. Both option agreements are over 200,000 ordinary 5 pence shares in the Group at the option price of 160.50p. The options are exercisable after three years subject to a performance hurdle requiring an overall increase in the adjusted Earnings per Share over a three year period of RPI plus 6%. The options, if exercised in full, will represent approximately 0.5% of the Group's issued share capital.
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| For further information, please contact: | www.begbies-traynorgroup.com |
| Begbies Traynor Group plc | 0161 837 1700 |
| Ric Traynor, Executive Chairman John Gittins, Chief Financial Officer | |
| Shore Capital & Corporate Limited | 020 7408 4090 |
| Guy Peters | |
| Smithfield | 020 7360 4900 |
| Reg Hoare/Katie Hunt/Will Henderson |
About Begbies Traynor Group:
Begbies Traynor Group plc is a specialist professional services organisation providing professional advice and solutions to businesses, financial institutions, the accountancy professions and individuals in the areas of corporate finance, recovery, investigation, risk management, commercial finance and specialist tax advice. It is listed on AIM (Ticker: BEG.L).