Driver Group plc
("Driver Group" or the "Company")
Director dealing
Driver Group plc, 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 11 March 2019, it was notified that certain directors purchased ordinary shares in the Company.
Gordon Wilkinson, Chief Executive Officer of the Company, purchased 19,100 ordinary shares of 0.4 pence each in the share capital of the Company at a price of 52 pence per share. Following this share purchase, Mr Wilkinson's total beneficial shareholding in the capital of the Company is 669,100 ordinary shares, representing 1.24 per cent. of the voting rights of Driver Group.
Steve Norris, Non-Executive Chairman of the Company, purchased 9,500 ordinary shares of 0.4 pence each in the share capital of the Company at a price of 52 pence per share. Following this share purchase, Mr Norris' total beneficial shareholding in the capital of the Company is 247,062 ordinary shares, representing 0.46 per cent. of the voting rights of Driver Group.
This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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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Gordon Wilkinson
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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 Executive Officer |
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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 |
ISIN Code: GB00B0L9C092 |
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b)
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Nature of the transaction
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Purchase of ordinary 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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52.00 pence |
19,100 |
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d)
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Aggregated information |
N/A |
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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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11 March 2019 |
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f)
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Place of the transaction
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London Stock Exchange |
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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Steve Norris
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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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Non-Executive Chairman |
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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 |
ISIN Code: GB00B0L9C092 |
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b)
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Nature of the transaction
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Purchase of ordinary 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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52.00 pence |
9,500 |
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d)
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Aggregated information |
N/A |
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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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11 March 2019 |
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f)
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Place of the transaction
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London Stock Exchange |