Redde Northgate PLC Director/PDMR Shareholdings (2216E)
26 Februar 2020 - 1:04PM
UK Regulatory
TIDMNTG
RNS Number : 2216E
Redde Northgate PLC
26 February 2020
26 February 2020
REDDE NORTHGATE PLC
Director/PDMR Shareholdings
Today Redde Northgate has received notification that
Non-Executive Chairman, Avril Palmer-Baunack has purchased 49,413
ordinary shares of 50 pence each at blended average price of 253
pence per share. Avril has 49,413 shares equating to 0.02% of the
issued share capital of Redde Northgate plc.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Avril Palmer-Baunack
------------------------------ ------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status Non-Executive Chairman
------------------------------ ------------------------------------
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 Purchase of shares
------------------------------ ------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
258.42 29,022
244.00 10,245
246.39 10,146
----------
------------------------------ ------------------------------------
Aggregated information
- Aggregated volume 49,413
e) - Price 253.00
------------------------------ ------------------------------------
f) Date of the transaction 25 February 2020
26 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
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END
DSHBBGDDUUDDGGL
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