Driver Group plc PDMR Dealings (9447L)
January 06 2023 - 1:00PM
UK Regulatory
TIDMDRV
RNS Number : 9447L
Driver Group plc
06 January 2023
DRIVER GROUP PLC
("Driver" or the "Group")
PDMR Dealings
Driver Group PLC (AIM: DRV), the global professional services
consultancy to the construction and engineering industries,
announces that it has entered into agreements with Mr Tom
Comerford, Chief Operating Officer and Mr Peter Banathy, Regional
Director (the "Agreements").
As part of the Agreement, the Group has today issued 150,000 new
ordinary shares of 0.4 pence each in the Group (the "Award Shares")
held in Treasury and has granted nil cost options over 250,000
Ordinary Shares under the Group's share option scheme (the
"Options"). The Options vest on receipt, subject to certain
conditions. The issue price for the Award Shares is 24 pence per
share, being the closing price the day the Agreement was entered
into.
Following the issue of the Award Shares, Tom Comerford holds
155,600 Ordinary Shares representing 0.3 per cent. of the Groups
issued share capital and Peter Banathy holds 191,973 Ordinary
Shares representing 0.4 per cent. of the Groups issued share
capital.
To satisfy the issue of the Award Shares, 150,000 existing
Ordinary Shares were transferred from treasury on 05 January 2023
.
Following the transfer of the Award Shares, the issued share
capital of the Company consists of 53,962,868 Ordinary Shares of
which 1,562,406 are held in Treasury. Therefore, the total number
of Ordinary Shares carrying voting rights in Driver is 52,400,462.
This figure of 52,400,462 may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest, or a change to their
interest, in the Company under the Disclosure Guidance and
Transparency Rules.
Enquiries:
Driver Group plc 020 7377 0005
Mark Wheeler (CEO)
Charlotte Parsons (CFO)
Singer Capital Markets (Nomad & Broker) 020 7496 3000
Jen Boorer
Sandy Fraser
Acuitas Communications 020 3687 0868
Simon Nayyar simon.nayyar@acuitsascomms.com
Edward Lee edward.lee@acuitascomms.com
Details of the transactions can be found in the Notification of
Dealing Form below.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Tom Comerford
--------------------------------------- ----------------------------------------
Reason for the notification
2
---------------------------------------------------------------------------------
a) Position/status PDMR
--------------------------------------- ----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------
a) Name Driver Group plc
--------------------------------------- ----------------------------------------
b) LEI 213800FN83KF8AF4Y572
--------------------------------------- ----------------------------------------
Details of the transaction(s): section to be repeated
4 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 the Ordinary Shares of 0.4 pence each
financial instrument,
type of instrument
Identification code GB00B0L9C092
b) Nature of the transaction Issue of Award Shares
--------------------------------------- ----------------------------------------
c) Price(s) and volume(s)
------------------ -----------------
Price(s) Volume(s)
------------------ -----------------
24 pence 100,000
--------------------------------------------------------------- -----------------
d) Aggregated information N/A - Single transaction
- Aggregated volume
- Price
e) Date of the transaction 05 January 2023
--------------------------------------- ----------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- ----------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Peter Banathy
--------------------------------------- ------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------------------
a) Position/status PDMR
--------------------------------------- ------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------
a) Name Driver Group plc
--------------------------------------- ------------------------------------------
b) LEI 213800FN83KF8AF4Y572
--------------------------------------- ------------------------------------------
Details of the transaction(s): section to be repeated
4 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 the Options over Ordinary Shares of 0.4
financial instrument, pence each
type of instrument
Identification code GB00B0L9C092
b) Nature of the transaction Grant of Options
--------------------------------------- ------------------------------------------
c) Price(s) and volume(s)
------------------- ------------------
Price(s) Volume(s)
------------------- ------------------
24 pence 50,000
---------------------------------------------------------------- ------------------
d) Aggregated information N/A - Single transaction
- Aggregated volume
- Price
e) Date of the transaction 05 January 2023
--------------------------------------- ------------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- ------------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Tom Comerford
--------------------------------------- ------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------------------
a) Position/status PDMR
--------------------------------------- ------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------
a) Name Driver Group plc
--------------------------------------- ------------------------------------------
b) LEI 213800FN83KF8AF4Y572
--------------------------------------- ------------------------------------------
Details of the transaction(s): section to be repeated
4 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 the Options over Ordinary Shares of 0.4
financial instrument, pence each
type of instrument
Identification code GB00B0L9C092
b) Nature of the transaction Grant of Options
--------------------------------------- ------------------------------------------
c) Price(s) and volume(s)
------------------- ------------------
Price(s) Volume(s)
------------------- ------------------
Nil 150,000
---------------------------------------------------------------- ------------------
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 05 January 2023
--------------------------------------- ------------------------------------------
f) Place of the transaction Outside a trading venue - grant of
options
--------------------------------------- ------------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Peter Banathy
--------------------------------------- ------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------------------
a) Position/status PDMR
--------------------------------------- ------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------
a) Name Driver Group plc
--------------------------------------- ------------------------------------------
b) LEI 213800FN83KF8AF4Y572
--------------------------------------- ------------------------------------------
Details of the transaction(s): section to be repeated
4 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 the Options over Ordinary Shares of 0.4
financial instrument, pence each
type of instrument
Identification code GB00B0L9C092
b) Nature of the transaction Grant of Options
--------------------------------------- ------------------------------------------
c) Price(s) and volume(s)
------------------- ------------------
Price(s) Volume(s)
------------------- ------------------
Nil 100,000
---------------------------------------------------------------- ------------------
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 05 January 2023
--------------------------------------- ------------------------------------------
f) Place of the transaction Outside a trading venue - grant of
options
--------------------------------------- ------------------------------------------
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