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DRV Driver Group Plc

24.00
0.00 (0.00%)
Last Updated: 07:47:03
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Driver Group Plc LSE:DRV London Ordinary Share GB00B0L9C092 ORD 0.4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.00 23.00 25.00 24.00 24.00 24.00 10,000 07:47:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Heavy Construction, Nec 42.63M -336k -0.0064 -37.50 12.61M

Driver Group plc Directors Dealing (3754X)

21/02/2017 7:01am

UK Regulatory


Driver (LSE:DRV)
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TIDMDRV

RNS Number : 3754X

Driver Group plc

21 February 2017

Driver Group plc

("Driver Group" or the "Company")

Director dealing

Driver Group plc (AIM: DRV), the global professional services consultancy to construction and engineering industries, announces that certain directors of the Company irrevocably committed to participate in the placing announced on 17 February 2017 at the placing price of 40 pence per ordinary share. Further details of their participation are set out below.

 
 Director               Number of        Number      Total number          Percentage 
                         Existing    of Placing       of Ordinary         of Enlarged 
                         Ordinary        Shares       Shares held    Share Capital(1) 
                      Shares held         being         following 
                                       acquired    the Placing(1) 
 Steve Norris             187,562        50,000           237,562               0.46% 
 Gordon Wilkinson         400,000       250,000           650,000               1.25% 
 Hugh Cawley               21,191        25,000            46,191               0.09% 
 Colin Davies             100,000             -           100,000               0.19% 
 John Horgan                    -        50,000            50,000               0.10% 
 

(1) Assuming nil take-up by any Shareholders under the Open Offer

The notification at the end of this announcement, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the Director's dealings.

 
 Enquiries: 
 Driver Group plc 
  Gordon Wilkinson (CEO)                      +44 (0)20 7357 9600 
  Hugh Cawley, (CFO)                          +44 (0)20 7377 0005 
 N+1 Singer (Nominated Adviser & Broker) 
  Sandy Fraser 
  James White 
  Alex Laughton-Scott                       +44 (0)20 7496 3000 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                       Gordon Wilkinson 
---  -------------------------  ----------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------- 
 a)   Position/status            Chief Executive Officer of 
                                  Driver Group plc 
---  -------------------------  ----------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ----------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------- 
 a)   Name                       Driver Group plc 
---  -------------------------  ----------------------------- 
 b)   LEI                        N/A 
---  -------------------------  ----------------------------- 
 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             Ordinary Shares of 0.4p each 
       the financial              ("Ordinary Shares") 
       instrument, type 
       of instrument 
 
       Identification             ISIN Code: GB00B0L9CO92 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Irrevocable commitment to 
       transaction                purchase Ordinary Shares 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s):    Volume(s): 
                                    40 pence     250,000 
---  -------------------------  ----------------------------- 
 d)   Aggregated information     N/A 
 
       - Aggregated volume 
 
 
       - Price 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    17/02/2017 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   N/A 
---  -------------------------  ----------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                       Steve Norris 
---  -------------------------  ----------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------- 
 a)   Position/status            Non-Executive Chairman of 
                                  Driver Group plc 
---  -------------------------  ----------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ----------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------- 
 a)   Name                       Driver Group plc 
---  -------------------------  ----------------------------- 
 b)   LEI                        N/A 
---  -------------------------  ----------------------------- 
 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             Ordinary Shares of 0.4p each 
       the financial              ("Ordinary Shares") 
       instrument, type 
       of instrument 
 
       Identification             ISIN Code: GB00B0L9CO92 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Irrevocable commitment to 
       transaction                purchase Ordinary Shares 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s):    Volume(s): 
                                    40 pence     50,000 
---  -------------------------  ----------------------------- 
 d)   Aggregated information     N/A 
 
       - Aggregated volume 
 
 
       - Price 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    17/02/2017 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ----------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                       Hugh Cawley 
---  -------------------------  ----------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------- 
 a)   Position/status            Chief Financial Officer of 
                                  Driver Group plc 
---  -------------------------  ----------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ----------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------- 
 a)   Name                       Driver Group plc 
---  -------------------------  ----------------------------- 
 b)   LEI                        n/a 
---  -------------------------  ----------------------------- 
 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             Ordinary Shares of 0.4p each 
       the financial              ("Ordinary Shares") 
       instrument, type 
       of instrument 
 
       Identification             ISIN Code: GB00B0L9CO92 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Irrevocable commitment to 
       transaction                purchase Ordinary Shares 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s):    Volume(s): 
                                    40 pence     25,000 
---  -------------------------  ----------------------------- 
 d)   Aggregated information     N/A 
 
       - Aggregated volume 
 
 
       - Price 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    17/02/2017 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ----------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                       John Horgan 
---  -------------------------  ----------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------- 
 a)   Position/status            Non-Executive Director of 
                                  Driver Group plc 
---  -------------------------  ----------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ----------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------- 
 a)   Name                       Driver Group plc 
---  -------------------------  ----------------------------- 
 b)   LEI                        n/a 
---  -------------------------  ----------------------------- 
 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             Ordinary Shares of 0.4p each 
       the financial              ("Ordinary Shares") 
       instrument, type 
       of instrument 
 
       Identification             ISIN Code: GB00B0L9CO92 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Irrevocable commitment to 
       transaction                purchase Ordinary Shares 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s):    Volume(s): 
                                    40 pence     50,000 
---  -------------------------  ----------------------------- 
 d)   Aggregated information     N/A 
 
       - Aggregated volume 
 
 
       - Price 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    17/02/2017 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ----------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHSEAFUSFWSESE

(END) Dow Jones Newswires

February 21, 2017 02:01 ET (07:01 GMT)

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