Northgate PLC Director/PDMR Shareholdings (9729D)
25 Februar 2020 - 8:00AM
UK Regulatory
TIDMNTG
RNS Number : 9729D
Northgate PLC
25 February 2020
25 February 2020
REDDE NORTHGATE PLC
Confirmation of Interests in Redde Northgate plc Shares
Director/PDMR Shareholdings
Under the terms of the recommended all-share merger of Redde plc
("Redde") and Northgate plc (renamed Redde Northgate plc on
completion of the merger, "Redde Northgate"), holders of ordinary
shares in Redde at 6.00 p.m. on 20 February 2020 were entitled to
receive 0.3669 new ordinary shares in Redde Northgate for each
share they held in Redde.
Redde Northgate has been advised that as a result of completion
of the merger, and in accordance with the requirements of the EU
Market Abuse Regulation, on 24 February 2020 the following
Directors and PDMRs, who (save for Mark Butcher who was a member of
the Redde Northgate board before completion of the merger) were
appointed to the Redde Northgate board on completion of the merger,
held the following interests in Redde Northgate:
D irector Shareholding
M artin Ward 1 ,532,442
-------------
S tephen Oakley 7 89,996
-------------
M ark Butcher 14,676
-------------
Mark McCafferty 11,007
-------------
Details of the full notification by the company are set out
below:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Martin Ward
--------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Executive Officer
--------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Redde Northgate plc
--------------------------- --------------------------------------
b) LEI 213800B3ZUTDOZYVJB41
--------------------------- --------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-------------------------------------------------------------------
a) Description of the Ordinary Shares of 50 pence each
financial instrument, in R edde Northgate plc
type of instrument
--------------------------- --------------------------------------
b) Identification code GB00B41H7391
--------------------------- --------------------------------------
c) Nature of the transaction Receipt of shares under the terms
of the scheme of arrangement to
implement the merger of Redde plc
and Redde Northgate plc at the rate
of 0.3669 shares in Redde Northgate
plc for each Redde plc share held
--------------------------- --------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
Nil 1 ,532,442
-----------
--------------------------- --------------------------------------
e) Aggregated information
- Aggregated volume Not applicable
- Price
--------------------------- --------------------------------------
f) Date of the transaction 24 February 2020
--------------------------- --------------------------------------
g) Place of the transaction London Stock Exchange
--------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Stephen Oakley
--------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Non-executive director
--------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Redde Northgate plc
--------------------------- --------------------------------------
b) LEI 213800B3ZUTDOZYVJB41
--------------------------- --------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-------------------------------------------------------------------
a) Description of the Ordinary Shares of 50 pence each
financial instrument, in R edde Northgate plc
type of instrument
--------------------------- --------------------------------------
b) Identification code GB00B41H7391
--------------------------- --------------------------------------
c) Nature of the transaction Receipt of shares under the terms
of the scheme of arrangement to
implement the merger of Redde plc
and Redde Northgate plc at the rate
of 0.3669 shares in Redde Northgate
plc for each Redde plc share held
--------------------------- --------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
Nil 7 89,996
----------
--------------------------- --------------------------------------
e) Aggregated information
- Aggregated volume Not applicable
- Price
--------------------------- --------------------------------------
f) Date of the transaction 24 February 2020
--------------------------- --------------------------------------
g) Place of the transaction London Stock Exchange
--------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mark Butcher
--------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Non-executive director
--------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Redde Northgate plc
--------------------------- --------------------------------------
b) LEI 213800B3ZUTDOZYVJB41
--------------------------- --------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-------------------------------------------------------------------
a) Description of the Ordinary Shares of 50 pence each
financial instrument, in Redde Northgate plc
type of instrument
--------------------------- --------------------------------------
b) Identification code GB00B41H7391
--------------------------- --------------------------------------
c) Nature of the transaction Receipt of shares under the terms
of the scheme of arrangement to
implement the merger of Redde plc
and Redde Northgate plc at the rate
of 0.3669 shares in Redde Northgate
plc for each Redde plc share held
--------------------------- --------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
Nil 14,676
----------
--------------------------- --------------------------------------
e) Aggregated information
- Aggregated volume Not applicable
- Price
--------------------------- --------------------------------------
f) Date of the transaction 24 February 2020
--------------------------- --------------------------------------
g) Place of the transaction London Stock Exchange
--------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mark McCafferty
-------------------------- -------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Non-executive director
-------------------------- -------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Redde Northgate plc
-------------------------- -------------------------------------------
b) LEI 213800B3ZUTDOZYVJB41
-------------------------- -------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------------
a) Description of the Ordinary Shares of 50 pence each
financial instrument, in Redde Northgate plc
type of instrument
-------------------------- -------------------------------------------
b) Identification code GB00B41H7391
-------------------------- -------------------------------------------
c) Nature of the transaction Receipt of shares under the terms
of the scheme of arrangement to implement
the merger of Redde plc and Redde
Northgate plc at the rate of 0.3669
shares in Redde Northgate plc for
each Redde plc share held
-------------------------- -------------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
Nil 11,007
----------
-------------------------- -------------------------------------------
e) Aggregated information
- Aggregated volume Not applicable
- Price
-------------------------- -------------------------------------------
f) Date of the transaction 24 February 2020
-------------------------- -------------------------------------------
g) Place of the transaction London Stock Exchange
-------------------------- -------------------------------------------
Contact details
For further information please contact:
Buchanan
David Rydell/Jamie Hooper/Tilly Abraham +44 (0) 207 466 5000
Notes to Editors:
Redde Northgate plc is a leading integrated mobility solutions
platform formed in February 2020 following the all-share merger of
light commercial hire business Northgate plc and Redde plc, the
provider of incident and accident management, legal and other
mobility-related services.
The Group provides mobility solutions and automotive services to
a wide range of businesses and customers spanning the vehicle life
cycle across vehicle supply, service, maintenance, repair,
recovery, accident and incident management and disposal through
sale or salvage.
With an extensive network and diversified fleet of over 110,000
owned vehicles and over 400,000 managed vehicles in more than 100
branches across the UK, Ireland and Spain, the Group aims to
utilise its scale, reach and comprehensive suite of integrated
services to offer a market-leading customer proposition and drive
enhanced returns for shareholders.
Further information regarding Redde Northgate plc can be found
on the Company's website:
www.reddenorthgate.co.uk
ENDS
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHTIMMTMTMTTRM
(END) Dow Jones Newswires
February 25, 2020 02:00 ET (07:00 GMT)
Zigup (LSE:ZIG)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Zigup (LSE:ZIG)
Historical Stock Chart
Von Jul 2023 bis Jul 2024