Driver Group plc Exercise of Options, PDMR Dealing and TVR
09 May 2024 - 4:00PM
RNS Regulatory News
RNS Number : 6953N
Driver Group plc
09 May 2024
Driver Group
plc
("Driver Group", "Driver" or
the "Company")
Exercise of Share Options,
PDMR Dealing
and Total Voting
Rights
Driver Group PLC (AIM:
DRV), the global specialist dispute
avoidance and dispute resolution consultancy, announces that options over a total of 178,000 ordinary
shares of 0.4 pence each in the Company ("Ordinary Shares") have
been exercised by PDMRs ("the Options"). Of this total exercise,
Options over 89,000 shares were exercised by Mr Paul Battrick,
Regional Managing Director International and Options over 89,000
shares were exercised by Mr Peter Banathy, Regional
Director.
To satisfy the exercise of these
Options, 178,000 existing Ordinary Shares were transferred from
treasury ("Transfer").
Total Voting Rights
The issued share capital of the
Company consists of 53,962,868 Ordinary Shares of which 904,046 are
held in treasury. Therefore, the total number of Ordinary Shares
carrying voting rights in Driver is 53,058,822. This figure of
53,058,822 may be used by the Company's shareholders as the
denominator for the calculation by which they will determine
whether they are required to notify their interest in, or a change
to their interest in, the share capital of the Company under the
Disclosure Guidance and Transparency
Rules.
ENDS
Enquiries:
|
Driver Group plc
|
020 7377 0005
|
|
Mark Wheeler (CEO)
|
|
|
Charlotte Parsons (CFO)
|
|
|
|
|
|
Singer Capital Markets (Nomad & Broker)
|
020 7496 3000
|
|
Sandy Fraser
|
|
|
Jen Boorer
|
|
|
|
|
|
Acuitas Communications
|
020 3745 0293 / 07799
767676
|
|
Simon Nayyar
|
simon.nayyar@acuitascomms.com
|
|
Arthur Dingemans
|
arthur.dingemans@acuitascomms.com
|
Details of the transactions can be
found in the Notification of Dealing Forms below.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Paul Battrick
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Driver Group plc
|
|
b)
|
LEI
|
213800FN83KF8AF4Y572
|
|
4
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
|
Ordinary Shares of 0.4 pence
each
|
|
|
|
|
Identification code
|
GB00B0L9C092
|
|
|
|
|
b)
|
Nature of the transaction
|
Option exercise
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
24p
|
89,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
N/A - Single transaction
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
8th May 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Peter Banathy
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Driver Group plc
|
|
b)
|
LEI
|
213800FN83KF8AF4Y572
|
|
4
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
|
Ordinary Shares of 0.4 pence
each
|
|
|
|
|
Identification code
|
GB00B0L9C092
|
|
|
|
|
b)
|
Nature of the transaction
|
Option exercise
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
24p
|
89,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
N/A - Single transaction
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
8th May 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
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END
IOEFZGGKNRRGDZM
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