Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDriver Grp Regulatory News (DRV)

Share Price Information for Driver Grp (DRV)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 22.00
Bid: 21.00
Ask: 23.00
Change: 0.00 (0.00%)
Spread: 2.00 (9.524%)
Open: 22.00
High: 22.00
Low: 22.00
Prev. Close: 22.00
DRV Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Issue of Equity

7 Apr 2006 17:07

Driver Group plc07 April 2006 7 April 2006 DRIVER GROUP PLC ("Driver" or "the Company") Issue of Equity and Holdings in Company The Company announces that in order to satisfy institutional demand and furtherstrengthen the shareholder base, a placing of 500,000 new ordinary shares of0.4p each ("Ordinary Shares") at 73p per share to ISIS Equity Partners plc ("ISIS") has been completed. Following the placing, funds under the management ofISIS will increase to an aggregate of 2,400,000 Ordinary Shares, representing9.70% of the Company's enlarged issued Ordinary Share capital. Application has been made for the new Ordinary Shares to be admitted to tradingon AIM and dealings are expected to commence on 13 April 2006. The new OrdinaryShares will rank pari passu with the existing Ordinary Shares in issue andincrease the number of Ordinary Shares in issue to 24,732,874. At the same time, the Company's Employee Benefit Trust has agreed to acquire1,527,397 Ordinary Shares at 73p per share from the following employeeshareholders: Shareholder Number of Ordinary SharesR.Peter Davison 1,277,397Paul Battrick 100,000Gary Kitt 100,000Jason Stephens 50,000 Driver has agreed to advance £1,114,999.81 to the Employee Benefit Trust inorder to facilitate the purchase of shares by the trust. Following this transaction, the shareholding in the Company of R.P. Davison willfall to 7.98% and the shareholdings of P. Battrick and G. Kitt will each fall to4.65%. The Employee Benefit Trust will own 6.88% of the issued share capital ofthe Company. J. Stephens does not have a material interest in the ordinaryshare capital of the Company. The Directors of Driver are committed to attracting new senior level staff andrewarding existing employees and accordingly these shares will be held andoptions in respect of them will be granted to employees in the future. For further information, please contact: Driver Group plc: Steve Driver, Chief Executive Tel: 0870 873 7878 WH Ireland Limited: David Youngman Tel: 0161 832 2174 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
24th Aug 20097:00 amRNSChanges to Board and Group Structure
1st Jul 20099:00 amRNSIssue of Options
25th Jun 20097:00 amRNSTrading Statement
3rd Jun 20097:00 amRNSHalf Yearly Report
6th Mar 20092:08 pmRNSIssue of Share Options
26th Feb 20099:33 amRNSResult of AGM
24th Feb 20097:00 amRNSAGM Statement
10th Feb 20092:11 pmRNSHolding(s) in Company
29th Jan 20092:56 pmRNSHolding(s) in Company
21st Jan 20097:00 amRNSDirector/PDMR Shareholding
20th Jan 20097:00 amRNSPreliminary Results
6th Jan 200911:07 amRNSNotice of Results
22nd Oct 20087:00 amRNSIssue of Share Options
13th Oct 20087:00 amRNSDirector/PDMR Shareholding
8th Oct 20087:00 amRNSTrading Statement
4th Aug 20089:46 amRNSDirector/PDMR Shareholding
28th Jul 20087:00 amRNSChange of Adviser
11th Jun 20087:00 amRNSInterim Results
28th May 20087:00 amRNSNotice of Results
9th Apr 20087:00 amRNSDirector/PDMR Shareholding
7th Apr 20087:00 amRNSHolding(s) in Company
11th Mar 20083:17 pmRNSDirector Share Purchase
4th Mar 20089:32 amRNSre Issue of Equity
4th Mar 20087:01 amRNSIssue of Options
4th Mar 20087:01 amRNSIssue of Equity
3rd Mar 20087:02 amRNSBoard Appointment
3rd Mar 20087:01 amRNSAcquisition
8th Feb 200812:58 pmRNSHoldings in Company
8th Feb 200812:52 pmRNSResult of AGM
7th Feb 20087:00 amRNSAGM Statement
11th Dec 20077:01 amRNSPreliminary Results
8th Oct 20077:00 amRNSTrading Statement
16th Aug 200711:49 amRNSAIM Rule 26 Information
9th Aug 20077:00 amRNSHolding(s) in Company
1st Aug 20077:00 amRNSChange of Adviser
16th Jul 20077:00 amRNSAppointment of Group FD
11th Jul 200711:46 amRNSDirector/PDMR Shareholding
20th Jun 20077:01 amRNSPension Liability Settlement
18th Jun 20077:01 amRNSInterim Results
22nd Mar 20074:19 pmRNSHolding(s) in Company
12th Mar 20074:13 pmRNSHolding(s) in Company
1st Mar 20077:03 amRNSAGM Statement
19th Feb 20072:17 pmRNSHolding(s) in Company
30th Jan 200712:06 pmRNSHolding(s) in Company
23rd Jan 20077:01 amRNSPreliminary Results
20th Dec 20064:41 pmRNSTotal Voting Rights
14th Sep 20067:01 amRNSIssue of Options
1st Sep 20067:00 amRNSAppointments
31st Aug 20064:02 pmRNSDirectorate Change
25th Aug 20067:00 amRNSBoard Appointment

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.