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Begbies Traynor Advances Employee Share Scheme

Begbies Traynor Advances Employee Share Scheme

Begbies Traynor (GB:BEG) has released an update.

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Begbies Traynor Group plc has announced the acquisition of 96,427 Ordinary Shares by its Employee Benefits Trust (EBT) on April 19, 2024, to fulfill future share option awards for its employees. The purchase was made at an average price of 104.79 pence per share and financed through a loan from the company’s cash reserves. This transaction brings the EBT’s total held shares to approximately 1.39% of the company’s voting rights.

For further insights into GB:BEG stock, check out TipRanks’ Stock Analysis page.

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