REG - Driver Group plc - Purchase of own shares

DriverAnnouncement

19/08/2019 16:05

RNS Number : 5375J
Driver Group plc
19 August 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 4 June 2019 of the implementation of a share buy-back programme that, on 16 August 2019, it has purchased 28,911 of its ordinary shares at an average price of 53.00 pence per share. The purchased shares will be held in treasury.
 
Aggregated information:



Date of purchase:


16 August 2019




Issuer name:


Driver Group plc




ISIN:


GB00B0L9C092




Number of ordinary shares purchased:


28,911




Volume weighted average price paid per share:


53.00 pence




Trading venue


London Stock Exchange



 
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 purchased


Transaction price (GBp)


Time of transaction


Trading venue




28,911


53.00


16:18:23


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 1,737,811 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 52,225,057.
The above figure of 52,225,057 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

Jen Boorer
 








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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