Begbies Traynor Group PLC EBT Share Purchase (0033Z)
January 08 2024 - 12:08PM
UK Regulatory
TIDMBEG
RNS Number : 0033Z
Begbies Traynor Group PLC
08 January 2024
8 January 2024
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 on 5
January 2024 purchased 250,000 ordinary shares of 5p each in the
Company ("Ordinary Shares") at an average price of 117.38 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 745,000 Ordinary Shares
are held by the EBT, representing approximately 0.47 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 at
www.ir.begbies-traynorgroup.com
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END
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