Redde Northgate Plc Director/PDMR Shareholding
March 13 2020 - 10:01AM
UK Regulatory
TIDMREDD
13 March 2020
REDDE NORTHGATE PLC
Director/PDMR Shareholdings
Today Redde Northgate has received notification that Non-Executive Chairman,
Avril Palmer-Baunack has purchased 41,263 ordinary shares of 50 pence each at
blended average price of 181.75 pence per share. Avril has 90,676 shares
equating to 0.04% 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 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
Transaction 1
a) Description of the Ordinary Shares of 50 pence each in Redde
financial instrument, Northgate plc
type of instrument
Identification code GB00B41H7391
b) Nature of the Purchase of shares
transaction
c) Price(s) and volume(s) Price(s) Volume(s)
186.11 13,432
179.65 27,831
d) Aggregated information
-Aggregated volume 41,263
-Price 181.75
e) Date of the 12 March 2020
transactions 13 March 2020
f) Place of the London Stock Exchange
transaction
Enquiries
Redde Northgate plc Tel: 01225 321218
Nick Tilley
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
END
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