REG - Driver Group plc - Exercise of Options, PDMR Dealing and TVR

DriverAnnouncement

09/04/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240409:nRSI7477Ja&default-theme=true

RNS Number : 7477J  Driver Group plc  09 April 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 270,094
ordinary shares of 0.4 pence each in the Company ("Ordinary Shares") have been
exercised by certain employees ("the Options"). Of this total exercise,
Options over 89,890 shares were exercised by Mr Hugo-Frans Bol, Managing
Director Mainland Europe and Options over 30,034 shares were exercised by Mr
Keith Strutt, Executive Director, both PDMRs.

To satisfy the exercise of these Options, 270,094 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 1,082,046 are held in treasury. Therefore, the total number of
Ordinary Shares carrying voting rights in Driver is 52,880,822. This figure of
52,880,822 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                                                         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)
                                                                                     0                 89,890

 d)   Aggregated information

                                                                   N/A - Single transaction
      - Aggregated volume

      - Price

 e)   Date of the transaction                                      9 April 2024

 f)   Place of the transaction                                     London Stock Exchange

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Keith Strutt

 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)
                                                                                     0                 30,034

 d)   Aggregated information

                                                                   N/A - Single transaction
      - Aggregated volume

      - Price

 e)   Date of the transaction                                      9 April 2024

 f)   Place of the transaction                                     London Stock Exchange

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCZZGGDVRVGDZM