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Pin to quick picksDriver Grp Regulatory News (DRV)

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Purchase of own shares

14 Oct 2019 18:07

RNS Number : 8405P
Driver Group plc
14 October 2019
 

Driver Group plc

("Driver Group" or the "Company")

Purchase of own shares

Driver Group plc (AIM:DRV), 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, further to its announcement on 21 August 2019 of the implementation of a share buy-back programme that, on 14 October 2019, it has purchased 10,000 of its ordinary shares at an average price of 50.00 pence per share. The purchased shares will be held in treasury.

 

Aggregated information:

Date of purchase:

14 October 2019

Issuer name:

Driver Group plc

ISIN:

GB00B0L9C092

Number of ordinary shares purchased:

10,000

Volume weighted average price paid per share:

50.00 pence

Trading venue

London Stock Exchange

 

Transaction details:

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a full breakdown of the individual trades made by N+1 Singer on behalf of the Company as part of the Buy-Back programme is detailed below:

Number of shares purchased

Transaction price (GBp)

Time of transaction

Trading venue

10,000

50.00

11:46:11

AIMX

 

Total Voting Rights

Following the purchase, the Company's total issued share capital will consist of 53,962,868 shares of 0.4 pence each ("Ordinary Shares") with one voting right per share. The Company will hold 1,787,811 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 52,175,057.

The above figure of 52,175,057 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 and Transparency Rules.

 

Enquiries:

 

Driver Group plc 

 

 

Tel: 020 7377 0005

Gordon Wilkinson, Chief Executive Officer

David Kilgour, Chief Financial Officer

 

N+1 Singer (Nominated Adviser & Broker)

Tel: 020 7496 3000

Sandy FraserGeorge Tzimas

 

Acuitas Communications (Financial PR)

Tel: 020 3687 0868

Simon Nayyar

simon.nayyar@acuitascomms.com

Fraser Schurer-Lewis

fraser.schurer-lewis@acuitascomms.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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