Driver Group plc PDMR Dealings (9568S)

TIDMDRV

RNS Number : 9568S

Driver Group plc

14 March 2023

DRIVER GROUP PLC

("Driver" or the "Group")

PDMR Dealings

Driver Group PLC (AIM: DRV), the global professional services consultancy to the construction and engineering industries, announces that on 14 March 2023, options over 150,000 ordinary shares of 0.4 pence each in the Company ("Ordinary Shares") have been exercised by Mr Hugo Frans Bol, Managing Director Mainland Europe, with an exercise price of nil pence per Ordinary Share (the "Options") pursuant to the Company's share option plan.

To satisfy the exercise of the Options, 150,000 existing Ordinary Shares were transferred from treasury on 14 March 2023. Following the exercise of the shares options, Hugo Frans Bol holds 250,000 Ordinary Shares representing 0.5 per cent. of the Groups issued share capital

The issued share capital of the Company consists of 53,962,868 Ordinary Shares of which 1,412,406 are held in Treasury. Therefore, the total number of Ordinary Shares carrying voting rights in Driver is 52,550,462. This figure of 52,550,462 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the Disclosure Guidance and Transparency Rules.

Enquiries:

   Driver Group plc                                                                      020 7377 0005 

Mark Wheeler (CEO)

Charlotte Parsons (CFO)

   Singer Capital Markets (Nomad & Broker)                                 020 7496 3000 

Jen Boorer

Sandy Fraser

   Acuitas Communications                                                          020 3687 0868 

Simon Nayyar [e-mail]

Edward Lee [e-mail]

Details of the transactions can be found in the Notification of Dealing Form below.

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                    Hugo Frans Bol 
      --------------------------------------  ---------------------------------------- 
       Reason for the notification 
  2 
      -------------------------------------------------------------------------------- 
 a)    Position/status                         PDMR 
      --------------------------------------  ---------------------------------------- 
 b)    Initial notification                    Initial notification 
        /Amendment 
      --------------------------------------  ---------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------- 
 a)    Name                                    Driver Group plc 
      --------------------------------------  ---------------------------------------- 
 b)    LEI                                     213800FN83KF8AF4Y572 
      --------------------------------------  ---------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                      Ordinary Shares of 0.4 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                     GB00B0L9C092 
 
 b)    Nature of the transaction               Issue of Award Shares 
      --------------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s) 
                                               ------------------  ----------------- 
                                                Price(s)            Volume(s) 
                                               ------------------  ----------------- 
    Nil pence                                                       150,000 
   --------------------------------------------------------------  ----------------- 
 
 d)    Aggregated information                  N/A - Single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                 14 March 2023 
      --------------------------------------  ---------------------------------------- 
 f)    Place of the transaction                London Stock Exchange 
      --------------------------------------  ---------------------------------------- 
 

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March 14, 2023 11:12 ET (15:12 GMT)