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7 Oct 2019 17:39
7 October 2019
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Begbies Traynor Group plc ("the Company")
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Director/PDMR Shareholding
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Mark Fry, an executive director of the Company and its Head of Business Recovery and Advisory, has been allotted 606,944 ordinary shares of 5 pence each in the Company at a price of 82.38 pence ("Option Shares"). The Option Shares have been allotted as part satisfaction of consideration due to Mark in respect of a put option exercised by him whereby the Company has acquired his interest in Begbies Traynor (London) LLP pursuant to the option agreement announced on 28 November 2016.
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1. | Details of PDMR / person closely associated with them ("PCA") | |||||
a) | Name | Mark Fry | ||||
2. | Reason for the notification | |||||
a) | Position / status | Head of Business Recovery and Advisory (PDMR) | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Begbies Traynor Group plc | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument | Ordinary shares of 5 pence each | ||||
b) | Nature of the transaction | Part satisfaction of consideration in respect of the exercise of a put option. | ||||
c) | Price(s) and volume(s) |
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e) | Date of the transaction | 7 October 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
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For further information:
Begbies Traynor Group plc 0161 837 1700
John Humphrey
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