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| Date | 16 Jun 2022 |
| Time | 07:00:08 |
| Category | Director/PDMR dealings |
| ID | 0514P |
DRIVER GROUP PLC
("Driver" or the "Group")
Exercise of Options, PDMR Shareholding and Total Voting Rights
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 that on 15 June 2022, options over 170,000 ordinary shares of 0.4 pence each in the Company ("Ordinary Shares") have been exercised by certain employees with an exercise price of nil pence per Ordinary Share (the "Options") pursuant to the Company's share option plan.
PDMR Shareholding
Of the Options, 50,000 have been exercised by Tom Comerford. Following the exercise, Mr Comerford's total beneficial holding is 55,600 Ordinary Shares, representing 0.1% of the Company's issued share capital.
To satisfy the exercise of the Options, 170,000 existing Ordinary Shares were transferred from treasury.
Following this transfer, the issued share capital of the Company consists of 53,962,868 Ordinary Shares of which 469,654 are held in treasury. Therefore, the total number of Ordinary Shares carrying voting rights in Driver is 53,493,214. This figure of 53,493,214 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)
David Kilgour (CFO)
Singer Capital Markets (Nomad & Broker) 020 7496 3000
Sandy Fraser
Will Goode
Katherine Coppock
Acuitas Communications 07736 220 565
Simon Nayyar [email protected]
Edward Lee [email protected]
Details of the transactions can be found in the Notification of Dealing Form below.
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Tom Comerford |
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2
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Reason for the notification
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a)
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Position/status
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Chief Operating Officer |
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b)
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Initial notification /Amendment
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15/06/2022 |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Driver Group Plc |
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b)
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LEI
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213800FN83KF8AF4Y572 |
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares |
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Identification code |
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b)
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Nature of the transaction
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Exercise of share options |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£nil |
50,000 |
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d)
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Aggregated information |
n/a - single transaction |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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15/06/2022
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f)
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Place of the transaction
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London |
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