Exercise of Options
16/06/2022 07:00
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RNS Number : 0514P Driver Group plc 16 June 2022
DRIVER GROUP PLC
("Driver" or the "Group")
Exercise of Options, PDMR Shareholding and Total Voting Rights
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 that on 15 June 2022, options over
170,000 ordinary shares of 0.4 pence each in the Company ("Ordinary Shares")
have been exercised by certain employees with an exercise price of nil pence
per Ordinary Share (the "Options") pursuant to the Company's share option
plan.
PDMR Shareholding
Of the Options, 50,000 have been exercised by Tom Comerford. Following the
exercise, Mr Comerford's total beneficial holding is 55,600 Ordinary Shares,
representing 0.1% of the Company's issued share capital.
To satisfy the exercise of the Options, 170,000 existing Ordinary Shares were
transferred from treasury.
Following this transfer, the issued share capital of the Company consists of
53,962,868 Ordinary Shares of which 469,654 are held in treasury. Therefore,
the total number of Ordinary Shares carrying voting rights in Driver is
53,493,214. This figure of 53,493,214 may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest, or a change to their interest, in the
Company under the Disclosure Guidance and Transparency Rules.
Enquiries:
Driver Group plc 020 7377 0005
Mark Wheeler (CEO)
David Kilgour (CFO)
Singer Capital Markets (Nomad & Broker) 020 7496 3000
Sandy Fraser
Will Goode
Katherine Coppock
Acuitas Communications 07736 220 565
Simon Nayyar simon.nayyar@acuitsascomms.com
Edward Lee edward.lee@acuitascomms.com
Details of the transactions can be found in the Notification of Dealing Form
below.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Tom Comerford
2 Reason for the notification
a) Position/status Chief Operating Officer
b) Initial notification /Amendment 15/06/2022
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
Identification code
b) Nature of the transaction Exercise of share options
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 50,000
d) Aggregated information n/a - single transaction
- Aggregated volume
- Price
e) Date of the transaction 15/06/2022
f) Place of the transaction London
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