Additional Allotment and New Issue

RNS Number : 4180V

Begbies Traynor Group PLC

08 April 2019

 

8 April 2019

Begbies Traynor Group plc

Additional Allotment and New Issue

Begbies Traynor Group plc ("the Group"), announces that it has today applied to the AIM market of the London Stock Exchange for an additional listing of 1,664,819 fully paid up ordinary 5 pence shares in the Group ("Ordinary Shares").  The issue and allotment of these additional Ordinary Shares is to satisfy earn out consideration obligations in respect of the acquisition of Eddisons Commercial (Holdings) Limited.

Admission of these shares is expected to occur on 11 April 2019 following which the total number of shares in issue and total voting rights is 114,219,031. The Group does not hold any shares in treasury and, therefore, the above figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in the Company.  

For further information:

Begbies Traynor Group plc	0161 837 1700
John Humphrey

Canaccord Genuity Limited                                                                  020 7523 4588

(Nominated Adviser and Joint Broker)

Sunil Duggal / Chris Connors

Shore Capital                                                                                           020 7408 4090

(Joint Broker)

Mark Percy / Anita Ghanekar

MHP Communications                                                                           020 3128 8572

Reg Hoare / Katie Hunt

Information on Begbies Traynor Group can be accessed via the Group's website at
www.begbies-traynorgroup.com

 

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