Purchase of own shares

RNS Number : 1116R

Driver Group plc

04 July 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 90,000 of its ordinary shares at a price of 33.5p pence per share through Singer Capital Markets. The ordinary shares purchased will be held in treasury.

Aggregated information

Date of purchase	1 July 2022
Number of ordinary shares purchased	90,000
Highest price paid per share	33.5p
Lowest price paid per share	33.5p
Volume weighted average price paid	33.5p

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
90,000	33.5p	14:51:58	AIMX

Total voting rights

Following the purchase, the Company's total issued share capital consists of 53,962,868, of which 869,654 shares are held in treasury, therefore, the total number of Ordinary shares carrying voting rights is 53,093,214 . 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, Katherine Coppock
Acuitas Communications	020 3848 2810 / 07736 220 565
Simon Nayyar	[e-mail]
Edward Lee	[e-mail]

 

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