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 355,000 of its ordinary shares at a price of 34p pence per share through Singer Capital Markets. The ordinary shares purchased will be held in treasury.
Aggregated information
| Date of purchase | 26 July 2022 |
| Number of ordinary shares purchased | 355,000 |
| Highest price paid per share | 34p |
| Lowest price paid per share | 34p |
| Volume weighted average price paid | 34p |
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 shares purchased | Transaction price (GBP) | Time of transaction | Trading venue |
| 355,000 | 34p | 11:10:47 | AIMX |
Total voting rights
Following the purchase, the Company's total issued share capital consists of 53,962,868, of which 1,722,342 shares are held in treasury, therefore, the total number of Ordinary shares carrying voting rights is 52,240,526. 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) | |
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| Singer Capital Markets (Nomad & Broker) | 020 7496 3000 |
| Sandy Fraser, Will Goode | |
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| Acuitas Communications | 020 3848 2810 / 07736 220 565 |
| Simon Nayyar | |
| Edward Lee | edward.lee@acuitascomms.com |
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