TIDMDRV

RNS Number : 8636B

Driver Group plc

07 April 2017

DRIVER GROUP PLC

("Driver" or "the Group")

Trading Update Statement

Driver Group PLC, the provider of specialist commercial and dispute resolution services to the construction and engineering industries, issues the following trading update in respect of the half year ended 31 March 2017 in advance of its Annual General Meeting which takes place at 11.00am today at Driver's offices, 110 Cannon Street, London EC4N 6EU.

The Board is pleased to confirm that since the equity fundraising announced in mid-February the Group's underlying trading performance has remained much improved on the equivalent period last year and consistent with market expectations for the year as a whole.

Group net debt at the interim period end was approximately GBP3.5m.

 
 Enquiries: 
 Driver Group plc 
  Gordon Wilkinson (CEO) 
  Hugh Cawley (CFO)                         +44 (0) 1706 223 999 
 N+1 Singer (Nominated Adviser & Broker) 
  Sandy Fraser 
  James White 
  Alex Laughton-Scott                        +44 (0)20 7496 3000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 07, 2017 02:00 ET (06:00 GMT)

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