Driver Group plc - Purchase of Own Shares

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 13 March 2019 of the implementation of a share buy-back programme that, on 14 March 2019, it has purchased 225,000 of its ordinary shares at a price of 55 pence per share. The purchased shares will be held in treasury.

 

Aggregated information:

Date of purchase:

14 March 2019

Issuer name:

Driver Group plc

ISIN:

GB00B0L9C092

Number of ordinary shares purchased:

225,000

Volume weighted average price paid per share:

55.00

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

200,000

55.00

08:36:39

AIMX

25,000

55.00

16:27:59

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 225,000 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 53,737,868.

The above figure of 53,737,868 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.