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
  +0.00p +0.00% 55.50p 53.00p 58.00p 55.50p 55.50p 55.50p 7,303 07:42:56
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 62.6 2.7 4.0 13.9 30

Driver Group plc Purchase of own shares

15/07/2019 7:00am

UK Regulatory (RNS & others)


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RNS Number : 4496F

Driver Group plc

15 July 2019

Driver Group plc

("Driver Group" or the "Company")

Purchase of own shares

Driver Group plc (AIM:DRV), the leading global professional services consultancy to the construction and engineering industries, providing multi-disciplinary consultancy services including expert witness, claims and dispute resolution services, announces, further to its announcement on 4 June 2019 of the implementation of a share buy-back programme that, on 12 July 2019, it has purchased 115,000 of its ordinary shares at an average price of 56.7091 pence per share. The purchased shares will be held in treasury.

Aggregated information:

 
 Date of purchase:                       12 July 2019 
 Issuer name:                            Driver Group plc 
                                        ---------------------- 
 ISIN:                                   GB00B0L9C092 
                                        ---------------------- 
 Number of ordinary shares purchased:    115,000 
                                        ---------------------- 
 Volume weighted average price paid      56.7091 pence 
  per share: 
                                        ---------------------- 
 Trading venue                           London Stock Exchange 
                                        ---------------------- 
 

Transaction details:

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a full breakdown of the individual trades made by N+1 Singer on behalf of the Company as part of the Buy-Back programme is detailed below:

 
 Number of shares   Transaction price   Time of transaction   Trading venue 
     purchased            (GBp) 
      10,000              57.41              14:48:49             AIMX 
      40,000              57.41              15:13:29             AIMX 
      65,000              56.17              16:03:10             AIMX 
 
 

Total Voting Rights

Following the purchase, the Company's total issued share capital will consist of 53,962,868 shares of 0.4 pence each ("Ordinary Shares") with one voting right per share. The Company will hold 1,308,900 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 52,653,968.

The above figure of 52,653,968 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 and Transparency Rules.

 
Enquiries: 
 
 Driver Group plc                                                 Tel: 020 7377 0005 
Gordon Wilkinson, Chief Executive Officer 
David Kilgour, Chief Financial Officer 
N+1 Singer (Nominated Adviser & Broker)                           Tel: 020 7496 3000 
Sandy Fraser 
 Jen Boorer 
Acuitas Communications (Financial PR)                             Tel: 020 3687 0868 
Simon Nayyar                                           simon.nayyar@acuitascomms.com 
Fraser Schurer-Lewis                           fraser.schurer-lewis@acuitascomms.com 
 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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July 15, 2019 02:00 ET (06:00 GMT)

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