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Driver Group PLC (DRV.L)

DRV.L on London Stock Exchange

16 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Driver Group says agreement to sell South African subsidiary
Friday, 12 May 2017 02:00am EDT 

May 12 (Reuters) - Driver Group Plc ::Disposal of South African subsidiary.Concluded an agreement to sell its subsidiary, Driver Trett South Africa Pty Ltd To Dtsa's local management team.In consideration for disposal, co to be entitled to receive net proceeds of 300,000 Driver ordinary shares currently owned by DTSA management.Agreed to write-off an inter-company balance due from DTSA totalling £0.63m.  Full Article

Driver Group to raise 8 mln stg via placement of 71 pct of shares
Friday, 17 Feb 2017 02:01am EST 

Driver Group Plc : Proposed accelerated bookbuild to raise up to 8 mln stg . Placing of up to 22,857,143 placing shares at min price of 35 pence/share with existing and new institutional investors. .Placing shares represent up to approximately 71 per cent. Of current share capital of co.  Full Article

Driver Group names Charles Laurence Cawley as group finance director
Monday, 15 Aug 2016 02:01am EDT 

Driver Group Plc :Appoints Charles Laurence Cawley, 59, as group finance director with effect from 22 August 2016.  Full Article