TIDMDRV

RNS Number : 5653U

Driver Group plc

29 March 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 13 March 2019 of the implementation of a share buy-back programme that, on 29 March 2019, it has purchased 23,900 of its ordinary shares at an average price of 59.00 pence per share. The purchased shares will be held in treasury.

Aggregated information:

 
 Date of purchase:                       29 March 2019 
 Issuer name:                            Driver Group plc 
                                        ---------------------- 
 ISIN:                                   GB00B0L9C092 
                                        ---------------------- 
 Number of ordinary shares purchased:    23,900 
                                        ---------------------- 
 Volume weighted average price paid      59.00 pence 
  per share: 
                                        ---------------------- 
 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   Transaction price   Time of transaction   Trading venue 
     purchased            (GBp) 
      23,900              59.00              16:10:21             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 851,400 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 53,111,468.

The above figure of 53,111,468 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 Fraser 
 Jen Boorer 
Acuitas Communications (Financial PR)                             Tel: 020 3687 0868 
Simon Nayyar                                           simon.nayyar@acuitascomms.com 
Fraser Schurer-Lewis                           fraser.schurer-lewis@acuitascomms.com

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END

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March 29, 2019 13:30 ET (17:30 GMT)

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