Begbies Traynor Group PLC EBT Share Purchase (1974X)

TIDMBEG

RNS Number : 1974X

Begbies Traynor Group PLC

18 December 2023

Begbies Traynor Group plc

EBT Share Purchase

Further to the announcement on 14 December 2023 regarding an EBT purchase plan, Begbies Traynor Group plc (the "Company"), was notified today that JTC Employer Solutions Trustee Limited, the trustee of its Employee Benefits Trust (the "EBT"), had purchased 50,000 ordinary shares of 5p each in the Company ("Ordinary Shares") at an average price of 114 pence per Ordinary Share, on 15 December 2023.

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 50,000 Ordinary Shares are held by the EBT, representing approximately 0.03 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) Dow Jones Newswires

December 18, 2023 11:07 ET (16:07 GMT)

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