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DRV Driver Group Plc

24.50
0.00 (0.00%)
28 Mar 2024 - Closed
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% 24.50 24.00 25.00 24.50 24.50 24.50 5,000 07:37:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Heavy Construction, Nec 42.63M -336k -0.0064 -38.28 12.87M

Driver Group plc Purchase of own shares (1116R)

04/07/2022 7:00am

UK Regulatory


Driver (LSE:DRV)
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From Mar 2022 to Mar 2024

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TIDMDRV

RNS Number : 1116R

Driver Group plc

04 July 2022

Driver Group plc

("Driver Group" or the "Company")

Purchase of Own Shares

Further to the confirmation of its intention to implement a share buyback programme, as set out in its announcement on 14 June 2022 , the Company announces that it has purchased a total of 90,000 of its ordinary shares at a price of 33.5p pence per share through Singer Capital Markets. The ordinary shares purchased will be held in treasury.

Aggregated information

 
 Date of purchase                       1 July 2022 
 Number of ordinary shares purchased    90,000 
                                       ------------ 
 Highest price paid per share           33.5p 
                                       ------------ 
 Lowest price paid per share            33.5p 
                                       ------------ 
 Volume weighted average price 
  paid                                  33.5p 
                                       ------------ 
 

Transaction details

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018) , a detailed breakdown of individual trades is available below:

 
 Number of ordinary   Transaction price   Time of transaction   Trading venue 
  shares purchased     (GBP) 
 90,000               33.5p               14:51:58              AIMX 
                     ------------------  --------------------  -------------- 
 

Total voting rights

Following the purchase, the Company's total issued share capital consists of 53,962,868, of which 869,654 shares are held in treasury, therefore, the total number of Ordinary shares carrying voting rights is 53,093,214 . This figure 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 Guidance and Transparency Rules.

 
 Enquiries: 
 Driver Group plc                       020 7377 0005 
 Mark Wheeler (CEO) 
 
 Singer Capital Markets (Nomad 
  & Broker)                             020 7496 3000 
 Sandy Fraser, Will Goode, Katherine 
  Coppock 
 
                                        020 3848 2810 / 07736 220 
 Acuitas Communications                  565 
 Simon Nayyar                           simon.nayyar@acuitascomms.com 
 Edward Lee                             edward.lee@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.

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END

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(END) Dow Jones Newswires

July 04, 2022 02:00 ET (06:00 GMT)

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