Purchase of Own Shares

Driver Group plc

24 June 2024

 

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 12 June 2024, Driver Group announces that it has purchased a total of 10,000 of its ordinary shares at a price of 25 pence per share through Singer Capital Markets. The ordinary shares purchased will be held in treasury.

Aggregated information

Date of purchase	21 June 2024
Number of ordinary shares purchased	150,000
Highest price paid per share	26.6p
Lowest price paid per share	26.6p
Volume weighted average price paid	26.6p

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 (GBX)	Time of transaction	Trading venue
50,000	26.6p	13:22:37	AIMX
100,000	26.6p	14:13:00	AIMX

Total voting rights

Following the purchase, the Company's total issued share capital consists of 53,962,868, of which 1,064,046 shares are held in treasury, therefore, the total number of Ordinary shares carrying voting rights is 52,898,822. 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.

Driver Group plc	020 7377 0005
Mark Wheeler (CEO)
Charlotte Parsons (CFO)
Singer Capital Markets (Nomad & Broker)	020 7496 3000
Sandy Fraser
Jen Boorer
Acuitas Communications	020 3745 0293 / 07799 767676
Simon Nayyar	[e-mail]

 

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