PDMR Dealing
15/07/2022 17:45
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RNS Number : 7137S Driver Group plc 15 July 2022
DRIVER GROUP PLC
("Driver" or the "Group")
PDMR Dealings
Driver Group PLC (AIM: DRV), the global professional services consultancy to
the construction and engineering industries, announces that it has entered
into an agreement with Mr Hugo Frans Bol, Managing Director Mainland Europe
(the "Agreement").
As part of the Agreement, the Group has today issued 100,000 new ordinary
shares of 0.4 pence each in the Group (the "Award Shares") held in Treasury
and has granted nil cost options over 150,000 Ordinary Shares under the
Group's share option scheme (the "Options") to Mr. Bol. The Options vest on
receipt, subject to certain conditions. The issue price for the Award Shares
is 34 pence per share, being the closing price the day the Agreement was
entered into.
Following the issue of the Award Shares, Hugo Frans Bol holds 100,000 Ordinary
Shares representing 0.2 per cent. of the Group's issued share capital.
To satisfy the issue of the Award Shares, 100,000 existing Ordinary Shares
were transferred from treasury on15 July 2022.
Following the transfer of the Award Shares, the issued share capital of the
Company consists of 53,962,868 Ordinary Shares of which 1,217,342 are held in
Treasury. Therefore, the total number of Ordinary Shares carrying voting
rights in Driver is 52,745,526. This figure of 52,745,526 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
Acuitas Communications
020 3687 0868
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 Hugo Frans Bol
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 Issue of Award Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
34 pence 100,000
d) Aggregated information N/A - Single transaction
- Aggregated volume
- Price
e) Date of the transaction 15 July 2022
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Hugo Frans Bol
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 Options over Ordinary Shares of 0.4 pence each
Identification code GB00B0L9C092
b) Nature of the transaction Grant of Options
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 150,000
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 15 July 2022
f) Place of the transaction Outside a trading venue - grant of options
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