Last checked at 22 Dec 2023 13:00
22 December 2023
Begbies Traynor Group plc
EBT Share Purchase
Begbies Traynor Group plc (the "Company" or the "Group"), has been notified that JTC Employer Solutions Trustee Limited, the trustee of its Employee Benefits Trust (the "EBT"), has today purchased 250,000 ordinary shares of 5p each in the Company ("Ordinary Shares") at an average price of 114 pence per Ordinary Share.
These Ordinary Shares are to be held in the EBT and are intended to be used to satisfy the awards of share options granted to employees of the Company. The EBT is a discretionary trust for the benefit of the Company's employees, including the Directors of the Company. The purchase of Ordinary Shares by the EBT has been funded by a loan provided by the Company from its existing cash resources.
Following this transaction, a total of 300,000 Ordinary Shares are held by the EBT, representing approximately 0.19 per cent of the Company's total voting rights.
Enquiries please contact:
Begbies Traynor Group plc 0161 837 1700
Ric Traynor - Executive Chairman
Nick Taylor - Group Finance Director
Canaccord Genuity Limited 020 7523 8350
(Nominated Adviser and Joint Broker)
Emma Gabriel / Harry Pardoe
Shore Capital (Joint Broker) 020 7408 4090
Malachy McEntyre / Mark Percy / Anita Ghanekar / James Thomas
MHP 020 3128 8100
Reg Hoare / Katie Hunt / Charles Hirst begbies@mhpgroup.com
Information on Begbies Traynor Group can be accessed via the group's website atwww.ir.begbies-traynorgroup.com