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On 14 March 2023, Hugo Frans Bol, a PDMR and Managing Director Mainland Europe of Driver Group PLC, exercised options over 150,000 ordinary shares of 0.4 pence each at a nil pence exercise price. These shares were transferred from treasury to satisfy the exercise, resulting in Mr Bol holding 250,000 ordinary shares, representing 0.5% of the Group's issued share capital.
| Date | 14 Mar 2023 |
| Time | 15:12:48 |
| Category | Director/PDMR dealings |
| ID | 9568S |
DRIVER GROUP PLC
("Driver" or the "Group")
PDMR Dealings
Driver Group PLC (AIM: DRV), the global professional services consultancy to the construction and engineering industries, announces that on 14 March 2023, options over 150,000 ordinary shares of 0.4 pence each in the Company ("Ordinary Shares") have been exercised by Mr Hugo Frans Bol, Managing Director Mainland Europe, 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, 150,000 existing Ordinary Shares were transferred from treasury on 14 March 2023. Following the exercise of the shares options, Hugo Frans Bol holds 250,000 Ordinary Shares representing 0.5 per cent. of the Groups issued share capital
The issued share capital of the Company consists of 53,962,868 Ordinary Shares of which 1,412,406 are held in Treasury. Therefore, the total number of Ordinary Shares carrying voting rights in Driver is 52,550,462. This figure of 52,550,462 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
Jen Boorer
Sandy Fraser
Acuitas Communications 020 3687 0868
Simon Nayyar simon.nayyar@acuitsascomms.com
Edward Lee edward.lee@acuitascomms.com
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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Hugo Frans Bol |
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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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PDMR |
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b)
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Initial notification /Amendment
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Initial notification |
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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 of 0.4 pence each
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Identification code |
GB00B0L9C092 |
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b)
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Nature of the transaction
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Issue of Award Shares |
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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 pence |
150,000 |
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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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14 March 2023
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f)
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Place of the transaction
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London Stock Exchange |
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