RNS Number : 6953N
Driver Group plc
09 May 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 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:

 

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

 

 

Paul Battrick

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

 

 

Option exercise

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




24p

89,000







d)

 

Aggregated information



N/A - Single transaction

- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

8th May 2024

 

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Peter Banathy

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

 

 

Option exercise

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




24p

89,000







d)

 

Aggregated information



N/A - Single transaction

- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

8th May 2024

 

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

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