RNS Number : 3468E
Redde Northgate PLC
27 February 2020
 

27 February 2020

REDDE NORTHGATE PLC

Director/PDMR Shareholdings

 

Redde Northgate has received notification that today Non-Executive Chairman, Avril Palmer-Baunack has purchased 19,766 ordinary shares of 50 pence each at a price of 252.95 pence per share. Avril has 69,179 shares equating to 0.03% 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 /Amendment

 

 

Initial notification

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 financial instrument, type of instrument

 

Ordinary Shares of 50 pence each in Redde Northgate plc

b)

Identification code

 

 

GB00B41H7391

c)

 

Nature of the transaction

 

 

Purchase of shares

d)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

252.95

 

19,766

 

 

 

e)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 N/A

 

f)

 

Date of the transaction

 

 

27 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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