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Driver Group plc announced that on 28 September 2022, a former employee exercised options over 113,336 ordinary shares at a nil pence exercise price. To satisfy this, 113,336 existing Ordinary Shares were transferred from treasury, resulting in a total of 52,250,462 Ordinary Shares carrying voting rights.
| Date | 29 Sept 2022 |
| Time | 07:00:08 |
| Category | Miscellaneous |
| ID | 0730B |
DRIVER GROUP PLC
("Driver" or the "Group")
Exercise of Options 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 28 September 2022, options over 113,336 ordinary shares of 0.4 pence each in the Company ("Ordinary Shares") have been exercised by a former employee, with an exercise price of nil pence per Ordinary Share (the "Options") pursuant to the Company's share option plan.
To satisfy the exercise of the Options, 113,336 existing Ordinary Shares were transferred from treasury on 28 September 2022.
Following this transfer, the issued share capital of the Company consists of 53,962,868 Ordinary Shares of which 1,712,406 are held in treasury. Therefore, the total number of Ordinary Shares carrying voting rights in Driver is 52,250,462. This figure of 52,250,462 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)
Charlotte Parsons (CFO)
Singer Capital Markets (Nomad & Broker) 020 7496 3000
Sandy Fraser
Will Goode
Daniel Dearden-Williams
Acuitas Communications 020 3687 0868
Simon Nayyar [email protected]
Edward Lee [email protected]