Purchase of Own Shares

RNS Number : 3403Y

Driver Group plc

06 September 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 8,400 of its ordinary shares at a price of 34p pence per share through Singer Capital Markets. The ordinary shares purchased will be held in treasury.

Aggregated information

Date of purchase	05 September 2022
Number of ordinary shares purchased	8,400
Highest price paid per share	34p
Lowest price paid per share	34p
Volume weighted average price paid	34p

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
8,182	34p	11:24:27	AIMX
218	34p	11:34:19	AIMX

Total voting rights

Following the purchase, the Company's total issued share capital consists of 53,962,868, of which 1,825,742 shares are held in treasury, therefore, the total number of Ordinary shares carrying voting rights is 52,137,126 . 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, Dan Dearden-Williams
Acuitas Communications	020 3848 2810 / 07736 220 565
Simon Nayyar	[e-mail]
Edward Lee	[e-mail]

 

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