Driver Group plc Purchase of own shares (8405P)
15 October 2019 - 4:07AM
UK Regulatory
TIDMDRV
RNS Number : 8405P
Driver Group plc
14 October 2019
Driver Group plc
("Driver Group" or the "Company")
Purchase of own shares
Driver Group plc (AIM:DRV), the leading global professional
services consultancy to the construction and engineering
industries, providing multi-disciplinary consultancy services
including expert witness, claims and dispute resolution services,
announces, further to its announcement on 21 August 2019 of the
implementation of a share buy-back programme that, on 14 October
2019, it has purchased 10,000 of its ordinary shares at an average
price of 50.00 pence per share. The purchased shares will be held
in treasury.
Aggregated information:
Date of purchase: 14 October 2019
Issuer name: Driver Group plc
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ISIN: GB00B0L9C092
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Number of ordinary shares purchased: 10,000
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Volume weighted average price paid 50.00 pence
per share:
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Trading venue London Stock Exchange
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Transaction details:
In accordance with Article 5(1)(b) of Regulation (EU) No
596/2014 (the Market Abuse Regulation), a full breakdown of the
individual trades made by N+1 Singer on behalf of the Company as
part of the Buy-Back programme is detailed below:
Number of shares Transaction price Time of transaction Trading venue
purchased (GBp)
10,000 50.00 11:46:11 AIMX
Total Voting Rights
Following the purchase, the Company's total issued share capital
will consist of 53,962,868 shares of 0.4 pence each ("Ordinary
Shares") with one voting right per share. The Company will hold
1,787,811 Ordinary Shares in treasury. Therefore, the total number
of voting rights in the Company will be 52,175,057.
The above figure of 52,175,057 may be used by shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in, the Company under the FCA's Disclosure and
Transparency Rules.
Enquiries:
Driver Group plc Tel: 020 7377 0005
Gordon Wilkinson, Chief Executive Officer
David Kilgour, Chief Financial Officer
N+1 Singer (Nominated Adviser & Broker) Tel: 020 7496 3000
Sandy Fraser
George Tzimas
Acuitas Communications (Financial PR) Tel: 020 3687 0868
Simon Nayyar simon.nayyar@acuitascomms.com
Fraser Schurer-Lewis fraser.schurer-lewis@acuitascomms.com
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END
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