REG - Driver Group plc - Purchase of Own Shares

DriverAnnouncement

18/06/2024 11:15

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RNS Number : 8908S  Driver Group plc  18 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                     17 June 2024
 Number of ordinary shares purchased  10,000
 Highest price paid per share         25p
 Lowest price paid per share          25p
 Volume weighted average price paid   25p

 

 

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
 10,000                               25p                      08:25:52             AIMX

 

Total voting rights

 

Following the purchase, the Company's total issued share capital consists of
53,962,868, of which 914,046 shares are held in treasury, therefore, the total
number of Ordinary shares carrying voting rights is 53,048,822. 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                                  simon.nayyar@acuitascomms.com

 

 

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