REG - Driver Group plc - Purchase of Own Shares

DriverAnnouncement

06/09/2022 07:00

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RNS Number : 3403Y  Driver Group plc  06 September 2022

Driver Group plc

("Driver Group" or the "Company")

Purchase of Own Shares

Further to the confirmation of its intention to implement a share buyback
programme, as set out in its announcement on 14 June 2022, the Company
announces that it has purchased a total of 8,400 of its ordinary shares at a
price of 34p pence per share through Singer Capital Markets. The ordinary
shares purchased will be held in treasury.

 

Aggregated information

 

 Date of purchase                     05 September 2022
 Number of ordinary shares purchased  8,400
 Highest price paid per share         34p
 Lowest price paid per share          34p
 Volume weighted average price paid   34p

 

 

Transaction details

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation) (which forms part of domestic UK law pursuant to the
European Union (Withdrawal) Act 2018), a detailed breakdown of individual
trades is available below:

 

 

 Number of ordinary shares purchased  Transaction price (GBP)  Time of transaction  Trading venue
 8,182                                34p                      11:24:27             AIMX
 218                                  34p                      11:34:19             AIMX

 

Total voting rights

 

Following the purchase, the Company's total issued share capital consists of
53,962,868, of which 1,825,742 shares are held in treasury, therefore, the
total number of Ordinary shares carrying voting rights is 52,137,126. This
figure 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 Guidance
and Transparency Rules.

 

 Enquiries:
 Driver Group plc                                020 7377 0005
 Mark Wheeler (CEO)

 Singer Capital Markets (Nomad & Broker)         020 7496 3000
 Sandy Fraser, Will Goode, Dan Dearden-Williams

 Acuitas Communications                          020 3848 2810 / 07736 220 565
 Simon Nayyar                                    simon.nayyar@acuitascomms.com (mailto:simon.nayyar@acuitascomms.com)
 Edward Lee                                      edward.lee@acuitascomms.com

 

 

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