Driver Group plc
04 March 2008
DRV
4 March 2008
Driver Group PLC
('Driver' or 'the Company')
Issue of options
Driver announces that, on 3 March 2008, the Company resolved to grant options in
respect of 1,585,000 ordinary shares of 0.4p each ('Ordinary Shares') in the
capital of the Company ('Options') under the Company's Enterprise Management
Incentive Option Scheme.
An option over 100,000 Ordinary Shares has been granted to Colin White, Finance
Director of the Company. As a result, Colin White is now interested in 100,000
Ordinary Shares under option, representing 3.6 per cent. of the total number of
Ordinary Shares which are subject to options granted by the Company. The
remaining Options have been granted to various employees.
The Options have been granted at an exercise price of 81.9p and are exercisable
between 1 December 2010 and 4 March 2018.
For further information, please contact:
Driver Group plc Tel: 01706 223 999
Steve Driver, Chief Executive
Colin White, Finance Director
Zeus Capital Limited Tel: 0161 831 1512
Alex Clarkson / Nick Cowles
Panmure Gordon & Co Tel: 020 7614 8386
Mark Lander / Aubrey Powell
Biddicks Tel: 020 7448 1000
Katie Tzouliadis
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.