RNS Number : 5273U
Driver Group plc
02 August 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 45,000 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 August 2022

Number of ordinary shares purchased

45,000

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 shares purchased

Transaction price (GBP)

Time of transaction

Trading venue

45,000

33.5p

09:39:19

AIMX

 

Total voting rights

 

Following the purchase, the Company's total issued share capital consists of 53,962,868, of which 1,767,342 shares are held in treasury, therefore, the total number of Ordinary shares carrying voting rights is 52,195,526. 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)




Singer Capital Markets (Nomad & Broker)

020 7496 3000

Sandy Fraser, Will Goode


 

 

Acuitas Communications

020 3848 2810 / 07736 220 565

Simon Nayyar

simon.nayyar@acuitascomms.com

Edward Lee

edward.lee@acuitascomms.com

 

 

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