Exercise of options

RNS Number : 8779K

Driver Group plc

27 September 2016

 

27 September 2016

Driver Group plc

("Driver Group" or the "Company")

Exercise of Share Options

Driver Group, the global professional services consultancy to construction and engineering industries, announces that, pursuant to the terms of his compromise agreement with the Company, David Brodie Stedman has on 23 September 2016 exercised nil cost options to acquire 200,000 Driver Group shares. The option exercise will be satisfied by the transfer to Mr Brodie Stedman of 200,000 Driver Group shares previously held by the Driver Group Employee Benefit Trust ("the EBT"), following which transfer the EBT will hold 396,677 Driver Group shares.

Enquiries:
Driver Group plc Gordon Wilkinson, Group Chief Executive Hugh Cawley, CFO	[phone] Email: [e-mail] [phone] Email: [e-mail]
N+1 Singer (Nominated Adviser & Broker) Sandy Fraser Alex Laughton-Scott	[phone]

 

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