Redde Northgate Plc Purchase of Shares
15 Dicembre 2021 - 6:35PM
UK Regulatory
TIDMREDD
15 December 2021
REDDE NORTHGATE PLC
("Redde Northgate" or the "Company")
Purchase of shares
The Company was today notified that on 15 December 2021 Zedra Trust Company
(Guernsey) Limited acting as Trustee of the Northgate Employee Benefit Trust
("EBT"), completed the purchase of 476,165 ordinary shares at an average price
of 420.6015 pence each. These shares are to be held in the EBT and are intended
to be used to satisfy share awards made under the Company's existing or future
share plans. The EBT is a discretionary trust for the benefit of employees
including the executive directors of the Company.
-Ends-
For further information, please contact:
Buchanan
David Rydell / Jamie Hooper / Tilly Abraham: +44 (0) 207 466 5000
Notes to Editors:
Redde Northgate is the leading integrated mobility solutions platform providing
services across the vehicle lifecycle. The Company offers integrated mobility
solutions to businesses, fleet operators, insurers, OEMs and other customers
across seven key areas: vehicle rental, vehicle data, accident management,
vehicle repairs, fleet management, service and maintenance, vehicle ancillary
services and vehicle sales.
The Company's core purpose is to keep its customers mobile, whether through
meeting their regular mobility needs or by servicing and supporting them when
unforeseen events occur. With its considerable scale and reach, Redde
Northgate's mission is to offer a market-leading customer proposition and drive
enhanced returns for shareholders by creating value through sustainable
compounding growth. The Group aims to achieve this through the delivery of its
strategic framework of Focus, Drive and Broaden.
Redde Northgate services its customers through a network and diversified fleet
of over 120,000 owned and leased vehicles, supporting over 600,000 managed
vehicles, with more than 170 workshop, body shop and rental locations across
the UK, Ireland and Spain and a specialist team of over 6,000 automotive
services professionals.
Further information regarding Redde Northgate plc can be found on the Company's
website:
www.reddenorthgate.com
END
(END) Dow Jones Newswires
December 15, 2021 12:35 ET (17:35 GMT)
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