DIALES PLC — Major Shareholding Notification 2013

Jul 31, 2013

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RNS Number : 5225K

Driver Group plc

31 July 2013

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Driver Group Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Ennismore Fund Management Limited
4. Full name of shareholder(s) (if different from 3.):iv		1) Ennismore European Smaller Companies Fund 2) Ennismore European Smaller Companies Master Hedge Fund
5. Date of the transaction and date on which the threshold is crossed or reached: v		30 July 2013
6. Date on which issuer notified:		30 July 2013
7. Threshold(s) that is/are crossed or reached: vi, vii		3%,4%,5%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction						Resulting situation after the triggering transaction
Number of Shares			Number of Voting Rights			Number of shares		Number of voting rights			% of  voting rights x
Direct		Direct xi		Indirect xii	Direct			Indirect
GB00B0L9C092	749,120			749,120			1,499,120		1,499,120			5.68%			5.68%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii		Exercise/ Conversion Period xiv					Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii		Exercise/ Conversion period xviii			Number of voting rights instrument refers to				% of voting rights xix, xx
													Nominal			Delta
Total (A+B+C)
Number of voting rights								Percentage of voting rights
1,499,120								5.68%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
1)   Ennismore European Smaller Companies Fund = 1,230,525 shares 2)   Ennismore European Smaller Companies Master Hedge Fund = 268,595 shares Therefore, the total under management: Ennismore Fund Management Limited = 1,499,120 shares
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:	Adam Sullivan
15. Contact telephone number:	+44 207 368 4224

This information is provided by RNS

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