Driver Group plc
03 March 2008
DRV
3 March 2008
Driver Group PLC
('Driver' or 'the Company')
Appointment of Director
Following the announcement made today, of the acquisition by the Company of
Commercial Management Consultants Limited ('CMC'), the engineering and
construction consultants, Bob Parfitt, Managing Director of CMC, has joined the
board of Driver as an Executive Director with immediate effect.
Bob's service agreement can be terminated on twelve months' notice, in writing,
by either party. He is entitled to a salary of £100,000 per annum and the
agreement includes usual covenants prohibiting Bob Parfitt from soliciting
business, employees or customers of the Company for a period of 12 months
following termination.
Under Schedule 2, paragraph (g) of the AIM Rules, the following information is
disclosed:
Directorships held in the past five years:
Current Directorships Past Directorships
CMC Holdings Limited None
Construction Planning Specialists Limited
Commercial Management Solutions LLC
There is no additional information under schedule 2, paragraph (g) of the AIM
rules that needs to be disclosed.
For further information, please contact:
Driver Group plc Tel: 01706 223 999
Steve Driver, Chief Executive
Colin White, Finance Director
Zeus Capital Limited Tel: 0161 831 1512
Alex Clarkson / Nick Cowles
Panmure Gordon & Co Tel: 020 7459 3600
Mark Lander / Aubrey Powell
Biddicks Tel: 020 7448 1000
Katie Tzouliadis
This information is provided by RNS
The company news service from the London Stock Exchange