Driver Group plc Exercise of Options & Total Voting Rights (8780H)
June 13 2017 - 2:01AM
UK Regulatory
TIDMDRV
RNS Number : 8780H
Driver Group plc
13 June 2017
Driver Group plc
("Driver" or the "Company")
Exercise of Options and Total Voting Rights
Driver announces that it has issued 500,000 new ordinary shares
in the capital of the Company (the "New Shares") following an
exercise of historic share options by Mark Wheeler, Chief Operating
Officer and PDMR of the Company over 400,000 New Shares and also by
an employee. Following the exercise, Mr. Wheeler holds 400,000
ordinary shares in the Company. Application has been made to the
London Stock Exchange for the New Shares to be admitted to trading
on AIM, with dealings expected to commence on 16 June 2017
("Admission").
Following Admission, the Company will have a total of 53,862,868
Ordinary Shares in issue each carrying one voting right. The
Company does not hold any Ordinary Shares in Treasury. This figure
of 53,862,868 Ordinary Shares 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 share capital of the Company under the FCA's
Disclosure and Transparency Rules.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail.
Enquiries:
Driver Group plc
Gordon Wilkinson, Group +44 (0) 7964 518095
Chief Executive Email:gordon.wilkinson@driver-group.com
+44 (0) 7971 469975
Hugh Cawley, CFO Email: hugh.cawley@driver-group.com
N+1 Singer (Nominated
Adviser & Broker)
Sandy Fraser
Alex Laughton-Scott +44 (0)20 7496 3000
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------
a) Name Mark Wheeler
--- ------------------------- ------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------
a) Position/status Chief Operating Officer of
Driver Group plc
--- ------------------------- ------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------
a) Name Driver Group plc
--- ------------------------- ------------------------------------
b) LEI n/a
--- ------------------------- ------------------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ---------------------------------------------------------------
a) Description of Ordinary Shares of 0.4p each
the financial
instrument, type
of instrument
ISIN Code: GB00B0L9C092
Identification
code
--- ------------------------- ------------------------------------
b) Nature of the (i) Exercise of options
transaction (ii) Exercise of options
--- ------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s): Volume(s):
(i) 21.5 pence 200,000
(ii) Nil 200,000
--- ------------------------- ------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------- ------------------------------------
e) Date of the transaction 12/06/2017
--- ------------------------- ------------------------------------
f) Place of the transaction Off market
--- ------------------------- ------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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