8 Apr 2019 09:13
8 April 2019
Begbies Traynor Group plc
Director/PDMR Shareholding
Richard Roe, Managing Director of Eddisons Commercial (Holdings) Limited, a company within Begbies Traynor Group plc ("Company"), has been allotted 554,884 ordinary shares of 5 pence each in the Company ("Ordinary Shares"). The Ordinary Shares are expected to be admitted to trading on AIM on 11 April 2019.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1. | Details of PDMR / person closely associated with them ("PCA") | |||||
a) | Name | Richard Roe | ||||
2. | Reason for the notification | |||||
a) | Position / status | Director | ||||
b) | Initial notification / amendment | 8 April 2019 | ||||
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 | Issue and allotment of 554,884 Ordinary Shares | ||||
b) | Nature of the transaction | Satisfaction of earn out consideration pursuant to the acquisition agreement under which the Company acquired Eddisons Commercial (Holdings) Limited. This has resulted in the issue and allotment of 554,884 fully paid Ordinary Shares for which the Company has applied to AIM for listing and which upon admission will rank pari passu with the Company's other Ordinary Shares. | ||||
c) | Price(s) and volume(s) |
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e) | Date of the transaction | 8 April 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
For further information:
Begbies Traynor Group plc 0161 837 1700
John Humphrey
Begbies (BEG)