TIDMBEG

RNS Number : 5825R

Begbies Traynor Group PLC

02 March 2023

2 March 2023

Begbies Traynor Group plc

Acquisition

Eddisons expansion in Sheffield

Eddisons, the property advisory and transactional services division of Begbies Traynor Group plc (the "group") , is pleased to announce the expansion of its operations in Sheffield through the acquisition of Mark Jenkinson & Son, a firm of chartered surveyors with a focus on property auctions. The acquisition will expand our existing Sheffield team, following the October 2021 acquisition of Fernie Greaves, whilst integrating with and expanding our property auction business.

The group will pay a total cash consideration of GBP0.4m, payable from its existing financial resources. The Mark Jenkinson & Son business generates annual fee income of cGBP1m and will be integrated into the Eddisons' team.

Anthony Spencer, Managing Partner of Eddisons, commented:

"The acquisition of the Mark Jenkinson & Son business will enhance our existing property auction team and grow our successful team in Sheffield and South Yorkshire. I am very pleased to welcome the team to Eddisons and to the wider Begbies Traynor Group."

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 / Patrick Dolaghan

Shore Capital 020 7408 4090

(Joint Broker)

Malachy McEntyre / Mark Percy / Anita Ghanekar / James Thomas

MHP Communications 020 3128 8567

   Reg Hoare / Katie Hunt / Pauline Guenot                                      begbies@mhpc.com

Information on Begbies Traynor Group can be accessed via the group's website at

www.begbies-traynorgroup.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

ACQBRGDXBUGDGXB

(END) Dow Jones Newswires

March 02, 2023 02:00 ET (07:00 GMT)

Begbies Traynor (AQSE:BEG.GB)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024 Click aqui para mais gráficos Begbies Traynor.
Begbies Traynor (AQSE:BEG.GB)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024 Click aqui para mais gráficos Begbies Traynor.