Exercise of Options, PDMR Dealing and TVR
Source: RNS
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 178,000 ordinary shares of 0.4 pence each in the Company ("Ordinary Shares") have been exercised by PDMRs ("the Options"). Of this total exercise, Options over 89,000 shares were exercised by Mr Paul Battrick, Regional Managing Director International and Options over 89,000 shares were exercised by Mr Peter Banathy, Regional Director.
To satisfy the exercise of these Options, 178,000 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 904,046 are held in treasury. Therefore, the total number of Ordinary Shares carrying voting rights in Driver is 53,058,822. This figure of 53,058,822 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:
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Driver Group plc |
020 7377 0005 |
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Mark Wheeler (CEO) |
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Charlotte Parsons (CFO) |
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Singer Capital Markets (Nomad & Broker) |
020 7496 3000 |
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Sandy Fraser |
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Jen Boorer
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Acuitas Communications |
020 3745 0293 / 07799 767676 |
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Simon Nayyar |
simon.nayyar@acuitascomms.com |
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Arthur Dingemans |
arthur.dingemans@acuitascomms.com |
Details of the transactions can be found in the Notification of Dealing Forms below.
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Paul Battrick |
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2
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Reason for the notification
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a)
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Position/status
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PDMR |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Driver Group plc |
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b)
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LEI
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213800FN83KF8AF4Y572
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares of 0.4 pence each
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Identification code |
GB00B0L9C092 |
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b)
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Nature of the transaction
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Option exercise |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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24p |
89,000 |
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d)
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Aggregated information |
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N/A - Single transaction |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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8th May 2024
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f)
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Place of the transaction
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London Stock Exchange |
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Peter Banathy |
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2
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Reason for the notification
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a)
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Position/status
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PDMR |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Driver Group plc |
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b)
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LEI
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213800FN83KF8AF4Y572
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares of 0.4 pence each
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Identification code |
GB00B0L9C092 |
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b)
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Nature of the transaction
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Option exercise |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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24p |
89,000 |
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d)
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Aggregated information |
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N/A - Single transaction |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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8th May 2024
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f)
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Place of the transaction
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London Stock Exchange |
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